Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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
0.8330296 0.8330296 0.8330296 0.8330296 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDKYD

long term up The long-term trend has been UP since May 13th, 2020 at 0.8351404

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2020 at 0.8277847

short term up The short-term trend has been UP since May 21st, 2020 at 0.8335842

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
0.8330296 0.8330296 0.8330296 0.8330296 0.0000000
Prev. Close Volume Bid Ask Time
0.8330296 0.8150278 0.8510313 2020-06-01 07:17:48
Get a free daily analysis and signals for US Dollar/Cayman Islands Dollar (USDKYD) - Request Your Free Report.