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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
US Dollar/Cayman Islands Dollar (FOREX:USDKYD)
Sidelines Mode (+50) - USDKYD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDKYD can gain momentum.
Is it time to buy, sell, or avoid USDKYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDKYD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDKYD
The long-term trend has been DOWN since Aug 2nd, 2024 at 0.8292063
The intermediate-term trend has been UP since Nov 20th, 2024 at 0.8337762
The short-term trend has been UP since Nov 20th, 2024 at 0.8337762
Smart Scan Analysis for USDKYD
Based on our trend formula, USDKYD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8340761 | 0.8340761 | 0.8340761 | 0.8340761 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8340761 | 2024-11-20 19:11:53 |