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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.

FOREX_CZKJPY
Open High Low CZKJPY Price Change
5.1001286 5.1090605 5.0947328 5.0994586 -0.0006700
Entry Signal

MarketClub’s Trade Triangles for CZKJPY

long term up The long-term trend has been UP since Dec 18th, 2020 at 4.8513996

intermediate term down The intermediate-term trend has been DOWN since Jun 16th, 2021 at 5.2017050

short term down 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).

-50
Smart Scan Analysis for CZKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1001286 5.1090605 5.0947328 5.0994586 -0.0006700
Prev. Close Volume Bid Ask Time
5.1001286 2021-08-05 09:19:08
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