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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Cayman Islands Dollar/Euro (FOREX:KYDEUR)

Crossroads (-60) - KYDEUR 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 KYDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for KYDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KYDEUR
Open High Low KYDEUR Price Change
1.1168773 1.1168773 1.1168773 1.1168773 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KYDEUR

long term up The long-term trend has been UP since Apr 12th, 2024 at 1.1212626

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2024 at 1.1191283

short term down The short-term trend has been DOWN since May 5th, 2024 at 1.1191283

Smart Scan Analysis for KYDEUR

Based on our trend formula, KYDEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for KYDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1168773 1.1168773 1.1168773 1.1168773 0.0000000
Prev. Close Volume Bid Ask Time
1.1168773 2024-05-08 21:02:47
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