Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Cayman Islands Dollar/Canadian Dollar (FOREX:KYDCAD)
Long-Term Downtrend (-90) - KYDCAD is in a strong downtrend that is likely to continue. While KYDCAD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Dec 15th, 2023 at 1.6052786
The intermediate-term trend has been DOWN since Mar 8th, 2024 at 1.6116822
The short-term trend has been DOWN since Mar 15th, 2024 at 1.6147492
Smart Scan Analysis for KYDCAD
Based on our trend formula, KYDCAD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.6207877 | 1.6236586 | 1.6198248 | 1.6226478 | +0.0018600 |
Prev. Close | Volume | Bid | Ask | Time |
1.6207877 | 2024-03-19 04:00:21 |