Forex Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
Cayman Islands Dollar/US Dollar (FOREX:KYDUSD)
Countertrend Up (+85) - KYDUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for KYDUSD
The long-term trend has been UP since Dec 12th, 2021 at 1.2038222
The intermediate-term trend has been UP since Jan 27th, 2022 at 1.2009047
The short-term trend has been UP since Jan 27th, 2022 at 1.2009047
Smart Scan Analysis for KYDUSD
Based on our trend formula, KYDUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).