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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)
Strong Downtrend (-100) - CADKYD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CADKYD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CADKYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADKYD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CADKYD
The long-term trend has been DOWN since Mar 21st, 2024 at 0.61154789
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 0.61202994
The short-term trend has been DOWN since May 7th, 2024 at 0.60727083
Smart Scan Analysis for CADKYD
Based on our trend formula, CADKYD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.60756694 | 0.60769537 | 0.60698759 | 0.60709584 | -0.00047100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.60756694 | 2024-05-09 02:27:01 |