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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
US Dollar/Cayman Islands Dollar (FOREX:USDKYD)
Long-Term Downtrend (-90) - USDKYD is in a strong downtrend that is likely to continue. While USDKYD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDKYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDKYD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDKYD
The long-term trend has been DOWN since Aug 2nd, 2024 at 0.8292063
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 0.8334010
The short-term trend has been DOWN since Oct 9th, 2024 at 0.8334451
Smart Scan Analysis for USDKYD
Based on our trend formula, USDKYD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8331439 | 0.8331439 | 0.8331439 | 0.8331439 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8331439 | 2024-10-23 07:25:20 |