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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Euro/Cayman Islands Dollar (FOREX:EURKYD)

Countertrend Down (-85) - EURKYD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid EURKYD?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURKYD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURKYD
Open High Low EURKYD Price Change
0.9659 0.9659 0.9659 0.9659 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURKYD

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 0.9814

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 0.9805

short term up The short-term trend has been UP since Oct 18th, 2021 at 0.9634

Smart Scan Analysis for EURKYD

Based on our trend formula, EURKYD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for EURKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9659 0.9659 0.9659 0.9659 0.0000
Prev. Close Volume Bid Ask Time
0.9659 2021-10-18 07:17:18
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