Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)

Countertrend Down (-85) - CADKYD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid CADKYD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADKYD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	CADKYD Price	Change
0.60767067	0.60793039	0.60757530	0.60777718	+0.00010700
Entry Signal

MarketClub’s Trade Triangles for CADKYD

The long-term trend has been DOWN since Mar 21st, 2024 at 0.61154789

The intermediate-term trend has been DOWN since Mar 20th, 2024 at 0.61202994

The short-term trend has been UP since Apr 18th, 2024 at 0.60688935

Smart Scan Analysis for CADKYD

Based on our trend formula, CADKYD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.60767067	0.60793039	0.60757530	0.60777718	+0.00010700
Prev. Close	Volume	Bid	Ask	Time
0.60767067				2024-04-25 02:13:33

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