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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.

FOREX_KYDEUR
Open High Low KYDEUR Price Change
1.0929404 1.0929404 1.0929404 1.0929404 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KYDEUR

long term down The long-term trend has been DOWN since Mar 9th, 2020 at 1.0692071

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2020 at 1.1033157

short term down 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).

-90
Smart Scan Analysis for KYDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0929404 1.0929404 1.0929404 1.0929404 0.0000000
Prev. Close Volume Bid Ask Time
1.1011278 1.0690614 1.1168193 2020-05-21 21:08:19
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