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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)
Long-Term Downtrend (-90) - CADKYD is in a strong downtrend that is likely to continue. While CADKYD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CADKYD
The long-term trend has been DOWN since Mar 21st, 2024 at 0.61154789
The intermediate-term trend has been DOWN since Jul 19th, 2024 at 0.60609112
The short-term trend has been DOWN since Jul 11th, 2024 at 0.61072698
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.60298681 | 0.60345929 | 0.60131837 | 0.60239271 | -0.00059400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.60298681 | 2024-07-26 17:04:02 |