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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.

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FOREX_CADKYD
Open High Low CADKYD Price Change
0.65154798 0.65352919 0.64859969 0.64981624 -0.00173200
Entry Signal

MarketClub’s Trade Triangles for CADKYD

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 0.65682931

intermediate term down The intermediate-term trend has been DOWN since Aug 17th, 2021 at 0.66003445

short term down 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).

-100
Smart Scan Analysis for CADKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.65154798 0.65352919 0.64859969 0.64981624 -0.00173200
Prev. Close Volume Bid Ask Time
0.65154798 2021-09-21 16:31:50
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