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Forex Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

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
1.1944667 1.1944667 1.1944667 1.1944667 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KYDUSD

long term up The long-term trend has been UP since Apr 1st, 2021 at 1.2025891

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2021 at 1.1990204

short term down The short-term trend has been DOWN since Apr 6th, 2021 at 1.2008395

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
1.1944667 1.1944667 1.1944667 1.1944667 0.0000000
Prev. Close Volume Bid Ask Time
1.1944667 2021-05-01 03:02:37
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