Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Czech Koruna/Japanese Yen (FOREX:CZKJPY)
Countertrend Up (+85) - CZKJPY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Oct 14th, 2021 at 5.1961755
The intermediate-term trend has been UP since Oct 11th, 2021 at 5.1283250
The short-term trend has been DOWN since Oct 20th, 2021 at 5.1991450
Smart Scan Analysis for CZKJPY
Based on our trend formula, CZKJPY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).