Forex Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
Czech Koruna/Japanese Yen (FOREX:CZKJPY)
Strong Downtrend (-100) - CZKJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CZKJPY continues to fall. Traders should use caution and set stops.
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 DOWN since Dec 2nd, 2023 at 6.3057350
The intermediate-term trend has been DOWN since Dec 2nd, 2023 at 6.5099208
The short-term trend has been DOWN since Nov 28th, 2023 at 6.6707400
Smart Scan Analysis for CZKJPY
Based on our trend formula, CZKJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).