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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Cayman Islands Dollar/Canadian Dollar (FOREX:KYDCAD)
Bull Market Weakness (+75) - KYDCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KYDCAD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid KYDCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KYDCAD.
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 KYDCAD
The long-term trend has been UP since Mar 21st, 2024 at 1.6351950
The intermediate-term trend has been UP since Mar 20th, 2024 at 1.6337868
The short-term trend has been UP since May 7th, 2024 at 1.6467118
Smart Scan Analysis for KYDCAD
Based on our trend formula, KYDCAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6470911 | 1.6512483 | 1.6455500 | 1.6459391 | -0.0011520 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6470911 | 2024-05-08 23:18:24 |