Forex Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)
Strong Downtrend (-100) - CADKYD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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.
MarketClub’s Trade Triangles for CADKYD
The long-term trend has been DOWN since Jul 19th, 2021 at 0.65682931
The intermediate-term trend has been DOWN since Aug 17th, 2021 at 0.66003445
The short-term trend has been DOWN since Sep 7th, 2021 at 0.66203386
Smart Scan Analysis for CADKYD
Based on our trend formula, CADKYD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).