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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.

FOREX_CADKYD
Open High Low CADKYD Price Change
0.65471918 0.65970397 0.65461131 0.65811267 +0.00339300
Entry Signal

MarketClub’s Trade Triangles for CADKYD

long term down The long-term trend has been DOWN since Dec 5th, 2021 at 0.64631409

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2021 at 0.66790487

short term up 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).

-65
Smart Scan Analysis for CADKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.65471918 0.65970397 0.65461131 0.65811267 +0.00339300
Prev. Close Volume Bid Ask Time
0.65471918 2021-12-07 23:47:40
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