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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Czech Koruna/Japanese Yen (FOREX:CZKJPY)

Weak Downtrend (-65) - CZKJPY is showing signs of a strengthening downtrend. Monitor CZKJPY as it may be building momentum to the downside.

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
6.5859939 6.6227440 6.5638750 6.5872269 +0.0012330
Entry Signal

MarketClub’s Trade Triangles for CZKJPY

long term up The long-term trend has been UP since Apr 23rd, 2024 at 6.562327

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2024 at 6.784007

short term down The short-term trend has been DOWN since Jul 7th, 2024 at 6.902488

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
6.5859939 6.6227440 6.5638750 6.5872269 +0.0012330
Prev. Close Volume Bid Ask Time
6.5859939 2024-07-26 17:00:05
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