Forex Trend Analysis Report
Prepared for you on Sunday, September 19, 2021.
Cayman Islands Dollar/Canadian Dollar (FOREX:KYDCAD)
Long-Term Uptrend (+90) - KYDCAD is in a strong uptrend that is likely to continue. While KYDCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid KYDCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KYDCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KYDCAD
The long-term trend has been UP since Jul 19th, 2021 at 1.5224656
The intermediate-term trend has been UP since Aug 17th, 2021 at 1.5151928
The short-term trend has been UP since Sep 7th, 2021 at 1.5106171
Smart Scan Analysis for KYDCAD
Based on our trend formula, KYDCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).