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Forex Trend Analysis Report

Prepared for you on Thursday, December 5, 2024.

Euro/Cayman Islands Dollar (FOREX:EURKYD)

Strong Downtrend (-100) - EURKYD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURKYD continues to fall. 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
0.8754 0.8754 0.8754 0.8754 0.0000
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 Nov 27th, 2024 at 0.8785

short term down The short-term trend has been DOWN since Oct 4th, 2024 at 0.9279

Smart Scan Analysis for EURKYD

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

-100
Smart Scan Analysis for EURKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8754 0.8754 0.8754 0.8754 0.0000
Prev. Close Volume Bid Ask Time
0.8754 2024-12-04 07:25:23
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