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.
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 DOWN since Sep 27th, 2021 at 0.9805
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).