Forex Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
US Dollar/Cayman Islands Dollar (FOREX:USDKYD)
Sidelines Mode (+50) - USDKYD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDKYD can gain momentum.
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.
MarketClub’s Trade Triangles for USDKYD
The long-term trend has been DOWN since Apr 1st, 2021 at 0.8318662
The intermediate-term trend has been UP since Apr 7th, 2021 at 0.8343536
The short-term trend has been UP since Apr 6th, 2021 at 0.8330991
Smart Scan Analysis for USDKYD
Based on our trend formula, USDKYD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).