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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 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.
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MarketClub’s Trade Triangles for CADKYD
The long-term trend has been DOWN since Nov 14th, 2024 at 0.59248244
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.61122409
The short-term trend has been UP since Dec 25th, 2024 at 0.58140424
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.57930843 | 0.57938911 | 0.57755925 | 0.57824158 | -0.00106700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.57930843 | 2024-12-26 05:18:04 |