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.
MarketClub’s Trade Triangles for KYDUSD
The long-term trend has been UP since Apr 1st, 2021 at 1.2025891
The intermediate-term trend has been DOWN since Apr 7th, 2021 at 1.1990204
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).