Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)
Long-Term Uptrend (+90) - CADKYD is in a strong uptrend that is likely to continue. While CADKYD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jun 10th, 2020 at 0.62545546
The intermediate-term trend has been UP since Feb 15th, 2021 at 0.65819122
The short-term trend has been UP since Feb 19th, 2021 at 0.66078241
Smart Scan Analysis for CADKYD
Based on our trend formula, CADKYD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).