Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Cayman Islands Dollar/US Dollar (FOREX:KYDUSD)
Strong Downtrend (-100) - KYDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KYDUSD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KYDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KYDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KYDUSD
The long-term trend has been DOWN since Dec 5th, 2023 at 1.1977313
The intermediate-term trend has been DOWN since Dec 5th, 2023 at 1.1997740
The short-term trend has been DOWN since Dec 5th, 2023 at 1.2014056
Smart Scan Analysis for KYDUSD
Based on our trend formula, KYDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).