Forex Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
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 Nov 7th, 2021 at 0.66790487
The short-term trend has been UP since Dec 6th, 2021 at 0.65383856
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).