Sorry for the late reply; was gone for a while.
To clarify:
Motion detection to the cloud: yes, you can use shortcuts to schedule multiple time periods for this by setting up a shortcut for each on/off event.
Event only recording to the SD card: No, not currently possible to schedule, even with shortcuts. You can hop over and vote for this #wishlist topic though: Add More Actions for Wyze Rules
As @Newshound has pointed out, you could also use shortcuts to turn the camera on and off which will in turn stop all recording.