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Forex Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

Czech Koruna/Japanese Yen (FOREX:CZKJPY)

Long-Term Uptrend (+90) - CZKJPY is in a strong uptrend that is likely to continue. While CZKJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

FOREX_CZKJPY
Open High Low CZKJPY Price Change
6.853260 6.857616 6.829405 6.852405 -0.000855
Entry Signal

MarketClub’s Trade Triangles for CZKJPY

long term up The long-term trend has been UP since Apr 23rd, 2024 at 6.5623270

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 May 7th, 2024 at 6.6560800

Smart Scan Analysis for CZKJPY

Based on our trend formula, CZKJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CZKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.853260 6.857616 6.829405 6.852405 -0.000855
Prev. Close Volume Bid Ask Time
6.853260 2024-05-17 17:00:20
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