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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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.

FOREX_USDKYD
Open High Low USDKYD Price Change
0.8332566 0.8332566 0.8330187 0.8330187 -0.0002380
Entry Signal

MarketClub’s Trade Triangles for USDKYD

long term up The long-term trend has been UP since Jun 10th, 2024 at 0.8359824

intermediate term up The intermediate-term trend has been UP since Jul 18th, 2024 at 0.8342475

short term up The short-term trend has been UP since Jul 26th, 2024 at 0.8332186

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).

+70
Smart Scan Analysis for USDKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8332566 0.8332566 0.8330187 0.8330187 -0.0002380
Prev. Close Volume Bid Ask Time
0.8332566 2024-07-26 14:00:13
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