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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Cayman Islands Dollar/US Dollar (FOREX:KYDUSD)
Crossroads (-60) - KYDUSD 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 KYDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KYDUSD.
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 KYDUSD
The long-term trend has been UP since Apr 3rd, 2024 at 1.2057950
The intermediate-term trend has been DOWN since Apr 28th, 2024 at 1.2000296
The short-term trend has been DOWN since May 7th, 2024 at 1.2002559
Smart Scan Analysis for KYDUSD
Based on our trend formula, KYDUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1998557 | 1.1998557 | 1.1998557 | 1.1998557 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2003317 | 2024-05-08 21:02:47 |