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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

US Dollar/Cayman Islands Dollar (FOREX:USDKYD)

Sidelines Mode (-55) - USDKYD 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 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.

FOREX_USDKYD
Open High Low USDKYD Price Change
0.833301 0.833301 0.833301 0.833301 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDKYD

long term up The long-term trend has been UP since Jun 13th, 2021 at 0.8361019

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2021 at 0.8317967

short term up The short-term trend has been UP since Oct 12th, 2021 at 0.8334992

Smart Scan Analysis for USDKYD

Based on our trend formula, USDKYD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for USDKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.833301 0.833301 0.833301 0.833301 0.000000
Prev. Close Volume Bid Ask Time
0.833301 2021-10-18 07:17:18
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