Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Cayman Islands Dollar/Euro (FOREX:KYDEUR)
Long-Term Downtrend (-90) - KYDEUR is in a strong downtrend that is likely to continue. While KYDEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KYDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KYDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KYDEUR
The long-term trend has been DOWN since Mar 9th, 2020 at 1.0692071
The intermediate-term trend has been DOWN since May 19th, 2020 at 1.1033157
The short-term trend has been DOWN since May 19th, 2020 at 1.1050234
Smart Scan Analysis for KYDEUR
Based on our trend formula, KYDEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).