Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)
Weak Downtrend (-65) - CADKYD is showing signs of a strengthening downtrend. Monitor CADKYD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CADKYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADKYD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CADKYD
The long-term trend has been DOWN since Dec 5th, 2021 at 0.64631409
The intermediate-term trend has been DOWN since Feb 16th, 2023 at 0.61839435
The short-term trend has been UP since Mar 20th, 2023 at 0.60847496
Smart Scan Analysis for CADKYD
Based on our trend formula, CADKYD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).