Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Cayman Islands Dollar/US Dollar (FOREX:KYDUSD)
Sidelines Mode (+55) - KYDUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 May 25th, 2022 at 1.2038096
The intermediate-term trend has been UP since May 25th, 2022 at 1.2005325
The short-term trend has been DOWN since Jun 10th, 2022 at 1.2009322
Smart Scan Analysis for KYDUSD
Based on our trend formula, KYDUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).