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Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)

Crossroads (+60) - CADKYD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_CADKYD
Open High Low CADKYD Price Change
0.61985424 0.62024953 0.61721495 0.61743441 -0.00242000
Entry Signal

MarketClub’s Trade Triangles for CADKYD

long term down The long-term trend has been DOWN since Sep 6th, 2023 at 0.61015283

intermediate term up The intermediate-term trend has been UP since Sep 14th, 2023 at 0.61979089

short term up The short-term trend has been UP since Sep 25th, 2023 at 0.62219398

Smart Scan Analysis for CADKYD

Based on our trend formula, CADKYD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CADKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.61985424 0.62024953 0.61721495 0.61743441 -0.00242000
Prev. Close Volume Bid Ask Time
0.61985424 2023-09-28 10:46:56
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