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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.

FOREX_KYDCAD
Open High Low KYDCAD Price Change
1.7038763 1.7063513 1.6913453 1.6955876 -0.0082890
Entry Signal

MarketClub’s Trade Triangles for KYDCAD

long term up The long-term trend has been UP since Feb 27th, 2020 at 1.6068369

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2020 at 1.5755033

short term up 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).

+80
Smart Scan Analysis for KYDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7038763 1.7063513 1.6913453 1.6955876 -0.0082890
Prev. Close Volume Bid Ask Time
1.7038763 1.6954136 1.6957616 2020-04-06 18:57:28
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