Forex Trend Analysis Report
Prepared for you on Thursday, August 5, 2021.
Czech Koruna/Japanese Yen (FOREX:CZKJPY)
Sidelines Mode (-50) - CZKJPY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CZKJPY can gain momentum.
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 Jun 16th, 2021 at 5.2017050
The short-term trend has been DOWN since Aug 3rd, 2021 at 5.0847623
Smart Scan Analysis for CZKJPY
Based on our trend formula, CZKJPY is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).