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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 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
1.1995515 1.1995515 1.1995515 1.1995515 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KYDUSD

long term up The long-term trend has been UP since Aug 2nd, 2024 at 1.2065729

intermediate term down The intermediate-term trend has been DOWN since Nov 20th, 2024 at 1.1999845

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 1.2005642

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
1.1995515 1.1995515 1.1995515 1.1995515 0.0000000
Prev. Close Volume Bid Ask Time
1.1995515 2024-11-20 19:11:53
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