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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Euro/Cayman Islands Dollar (FOREX:EURKYD)

Long-Term Downtrend (-90) - EURKYD is in a strong downtrend that is likely to continue. While EURKYD 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 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
0.866 0.866 0.866 0.866 0.000
Entry Signal

MarketClub’s Trade Triangles for EURKYD

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 0.8981

intermediate term down The intermediate-term trend has been DOWN since Dec 13th, 2024 at 0.8754

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 0.8754

Smart Scan Analysis for EURKYD

Based on our trend formula, EURKYD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.866 0.866 0.866 0.866 0.000
Prev. Close Volume Bid Ask Time
0.866 2024-12-21 08:23:55
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