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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.

FOREX_KYDUSD
Open High Low KYDUSD Price Change
1.1995147 1.1995147 1.1995147 1.1995147 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KYDUSD

long term down The long-term trend has been DOWN since Dec 5th, 2023 at 1.1977313

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2023 at 1.1997740

short term down 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).

-100
Smart Scan Analysis for KYDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1995147 1.1995147 1.1995147 1.1995147 0.0000000
Prev. Close Volume Bid Ask Time
1.1995147 2023-12-09 00:32:24
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