Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Euro/Cayman Islands Dollar (FOREX:EURKYD)
Crossroads (-60) - EURKYD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for EURKYD
The long-term trend has been DOWN since Aug 9th, 2021 at 0.9814
The intermediate-term trend has been UP since Aug 10th, 2022 at 0.8534
The short-term trend has been UP since Jul 29th, 2022 at 0.8528
Smart Scan Analysis for EURKYD
Based on our trend formula, EURKYD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).