Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Czech Koruna/Japanese Yen (FOREX:CZKJPY)
Weak Downtrend (-65) - CZKJPY is showing signs of a strengthening downtrend. Monitor CZKJPY as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CZKJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CZKJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CZKJPY
The long-term trend has been UP since Dec 18th, 2020 at 4.8513996
The intermediate-term trend has been DOWN since Feb 28th, 2021 at 4.9042950
The short-term trend has been DOWN since Feb 25th, 2021 at 4.9209800
Smart Scan Analysis for CZKJPY
Based on our trend formula, CZKJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).