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Forex Trend Analysis Report

Prepared for you on Friday, December 6, 2024.

Japanese Yen/Czech Koruna (FOREX:JPYCZK)

Sidelines Mode (-55) - JPYCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid JPYCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYCZK
Open High Low JPYCZK Price Change
0.15815663 0.15886551 0.15730118 0.15856455 +0.00040800
Entry Signal

MarketClub’s Trade Triangles for JPYCZK

long term down The long-term trend has been DOWN since Nov 3rd, 2024 at 0.15223676

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2024 at 0.15569006

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 0.15921552

Smart Scan Analysis for JPYCZK

Based on our trend formula, JPYCZK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for JPYCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15815663 0.15886551 0.15730118 0.15856455 +0.00040800
Prev. Close Volume Bid Ask Time
0.15815663 2024-12-06 14:47:06
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