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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

Euro/Cayman Islands Dollar (FOREX:EURKYD)

Crossroads (+60) - EURKYD 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 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.

FOREX_EURKYD
Open High Low EURKYD Price Change
0.9038 0.9038 0.9038 0.9038 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURKYD

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.8923

intermediate term up The intermediate-term trend has been UP since May 5th, 2024 at 0.8940

short term up The short-term trend has been UP since May 12th, 2024 at 0.8974

Smart Scan Analysis for EURKYD

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

+60
Smart Scan Analysis for EURKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9038 0.9038 0.9038 0.9038 0.0000
Prev. Close Volume Bid Ask Time
0.9038 2024-05-23 07:26:11
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