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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Cayman Islands Dollar/Canadian Dollar (FOREX:KYDCAD)

Countertrend Up (+85) - KYDCAD 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 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
1.6451284 1.6485123 1.6407434 1.6480479 +0.0029190
Entry Signal

MarketClub’s Trade Triangles for KYDCAD

long term up The long-term trend has been UP since Mar 21st, 2024 at 1.6351950

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 1.6337868

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 1.6477468

Smart Scan Analysis for KYDCAD

Based on our trend formula, KYDCAD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for KYDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6451284 1.6485123 1.6407434 1.6480479 +0.0029190
Prev. Close Volume Bid Ask Time
1.6451284 2024-04-23 23:45:45
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