Forex Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
Japanese Yen/Czech Koruna (FOREX:JPYCZK)
Bear Market Rally (-75) - JPYCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYCZK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid JPYCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYCZK
The long-term trend has been DOWN since Mar 28th, 2022 at 0.18262408
The intermediate-term trend has been UP since Jul 6th, 2022 at 0.17930767
The short-term trend has been DOWN since Aug 4th, 2022 at 0.18074673
Smart Scan Analysis for JPYCZK
Based on our trend formula, JPYCZK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).