Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Czech Koruna/Japanese Yen (FOREX:CZKJPY)

Crossroads (+60) - CZKJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
6.4442200 6.4788572 6.4426001 6.4645500 +0.0203300
Entry Signal

MarketClub’s Trade Triangles for CZKJPY

long term down The long-term trend has been DOWN since Dec 7th, 2023 at 6.3057350

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2024 at 6.4708753

short term up The short-term trend has been UP since Mar 12th, 2024 at 6.3888900

Smart Scan Analysis for CZKJPY

Based on our trend formula, CZKJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CZKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.4442200 6.4788572 6.4426001 6.4645500 +0.0203300
Prev. Close Volume Bid Ask Time
6.4442200 2024-03-19 07:46:02
Get a free daily analysis and signals for Czech Koruna/Japanese Yen (CZKJPY) - Request Your Free Report.