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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Cayman Islands Dollar/US Dollar (FOREX:KYDUSD)

Weak Downtrend (-65) - KYDUSD is showing signs of a strengthening downtrend. Monitor KYDUSD as it may be building momentum to the downside.

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
1.2006973 1.2010401 1.2006973 1.2010401 +0.0003430
Entry Signal

MarketClub’s Trade Triangles for KYDUSD

long term down The long-term trend has been DOWN since Jun 10th, 2024 at 1.1967773

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2024 at 1.1992858

short term down The short-term trend has been DOWN since Jul 26th, 2024 at 1.2007485

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).

-70
Smart Scan Analysis for KYDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2006973 1.2010401 1.2006973 1.2010401 +0.0003430
Prev. Close Volume Bid Ask Time
1.2006973 2024-07-26 14:00:13
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