Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
US Dollar/Cayman Islands Dollar (FOREX:USDKYD)
Bull Market Weakness (+75) - USDKYD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDKYD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for USDKYD
The long-term trend has been UP since Aug 7th, 2022 at 0.8354929
The intermediate-term trend has been UP since Jul 18th, 2022 at 0.8335461
The short-term trend has been UP since Jul 18th, 2022 at 0.8335461
Smart Scan Analysis for USDKYD
Based on our trend formula, USDKYD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).