Forex Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
Euro/Cayman Islands Dollar (FOREX:EURKYD)
Strong Downtrend (-100) - EURKYD 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 EURKYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURKYD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURKYD
The long-term trend has been DOWN since Aug 9th, 2021 at 0.9814
The intermediate-term trend has been DOWN since Nov 10th, 2021 at 0.9659
The short-term trend has been DOWN since Dec 7th, 2021 at 0.9398
Smart Scan Analysis for EURKYD
Based on our trend formula, EURKYD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).