Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Cayman Islands Dollar/US Dollar (FOREX:KYDUSD)
Bull Market Weakness (+75) - KYDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KYDUSD as it may be in the beginning stages of a reversal.
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 31st, 2020 at 1.1970378
The intermediate-term trend has been UP since Jan 29th, 2021 at 1.2010533
The short-term trend has been UP since Feb 24th, 2021 at 1.2007151
Smart Scan Analysis for KYDUSD
Based on our trend formula, KYDUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).