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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Czech Koruna/Japanese Yen (FOREX:CZKJPY)

Bull Market Weakness (+75) - CZKJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CZKJPY as it may be in the beginning stages of a reversal.

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.

FOREX_CZKJPY
Open High Low CZKJPY Price Change
6.5239750 6.5511389 6.5105154 6.5477550 +0.0237800
Entry Signal

MarketClub’s Trade Triangles for CZKJPY

long term down The long-term trend has been DOWN since Dec 7th, 2023 at 6.3057350

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 6.5210621

short term up The short-term trend has been UP since Apr 21st, 2024 at 6.5335616

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).

+70
Smart Scan Analysis for CZKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.5239750 6.5511389 6.5105154 6.5477550 +0.0237800
Prev. Close Volume Bid Ask Time
6.5239750 2024-04-23 10:00:07
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