Forex Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
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.
MarketClub’s Trade Triangles for KYDCAD
The long-term trend has been UP since Feb 27th, 2020 at 1.6068369
The intermediate-term trend has been UP since Jan 22nd, 2020 at 1.5755033
The short-term trend has been UP since Mar 31st, 2020 at 1.7106095
Smart Scan Analysis for KYDCAD
Based on our trend formula, KYDCAD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).