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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

Cayman Islands Dollar/Canadian Dollar (FOREX:KYDCAD)

Strong Uptrend (+100) - KYDCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, KYDCAD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid KYDCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for KYDCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KYDCAD
Open High Low KYDCAD Price Change
1.6982984 1.7055787 1.6962159 1.7052070 +0.0069090
Entry Signal

MarketClub’s Trade Triangles for KYDCAD

long term up The long-term trend has been UP since Nov 14th, 2024 at 1.6878138

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2024 at 1.6360612

short term up The short-term trend has been UP since Dec 6th, 2024 at 1.6905387

Smart Scan Analysis for KYDCAD

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

+100
Smart Scan Analysis for KYDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6982984 1.7055787 1.6962159 1.7052070 +0.0069090
Prev. Close Volume Bid Ask Time
1.6982984 2024-12-12 15:59:27
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