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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Cayman Islands Dollar/US Dollar (FOREX:KYDUSD)

Bull Market Weakness (+75) - KYDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KYDUSD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid KYDUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for KYDUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KYDUSD
Open High Low KYDUSD Price Change
1.2008429 1.2008429 1.2008429 1.2008429 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KYDUSD

long term up The long-term trend has been UP since Apr 3rd, 2024 at 1.2057950

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2024 at 1.2008284

short term up The short-term trend has been UP since Mar 28th, 2024 at 1.2005762

Smart Scan Analysis for KYDUSD

Based on our trend formula, KYDUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for KYDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2008429 1.2008429 1.2008429 1.2008429 0.0000000
Prev. Close Volume Bid Ask Time
1.2004747 2024-04-18 07:26:28
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