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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Cayman Islands Dollar (FOREX:EURKYD)
Crossroads (+60) - EURKYD 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 EURKYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURKYD.
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 EURKYD
The long-term trend has been DOWN since Apr 12th, 2024 at 0.8923
The intermediate-term trend has been UP since May 5th, 2024 at 0.8940
The short-term trend has been UP since May 5th, 2024 at 0.8940
Smart Scan Analysis for EURKYD
Based on our trend formula, EURKYD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8958 | 0.8958 | 0.8958 | 0.8958 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8946 | 2024-05-08 21:02:47 |