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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Cayman Islands Dollar/Euro (FOREX:KYDEUR)

Sidelines Mode (+50) - KYDEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until KYDEUR can gain momentum.

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
1.1094390 1.1132697 1.1094390 1.1132697 +0.0038310
Entry Signal

MarketClub’s Trade Triangles for KYDEUR

long term down The long-term trend has been DOWN since Dec 22nd, 2023 at 1.0964171

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 1.1096854

short term up The short-term trend has been UP since Mar 17th, 2024 at 1.1019776

Smart Scan Analysis for KYDEUR

Based on our trend formula, KYDEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for KYDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1094390 1.1132697 1.1094390 1.1132697 +0.0038310
Prev. Close Volume Bid Ask Time
1.1094390 2024-03-28 08:26:03
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