Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
Euro/Cayman Islands Dollar (FOREX:EURKYD)
Countertrend Up (+85) - EURKYD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 27th, 2020 at 0.9918
The intermediate-term trend has been UP since Nov 9th, 2020 at 0.9883
The short-term trend has been UP since Nov 3rd, 2020 at 0.9753
Smart Scan Analysis for EURKYD
Based on our trend formula, EURKYD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).