Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Euro/Cayman Islands Dollar (FOREX:EURKYD)
Weak Uptrend (+65) - EURKYD is showing signs of weakening momentum to the upside. Monitor EURKYD as it may be in the beginning stages of a reversal.
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 UP since Nov 27th, 2020 at 0.9918
The intermediate-term trend has been UP since Feb 22nd, 2021 at 1.0106
The short-term trend has been DOWN since Mar 1st, 2021 at 1.0128
Smart Scan Analysis for EURKYD
Based on our trend formula, EURKYD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).