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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

US Dollar/Cayman Islands Dollar (FOREX:USDKYD)

Strong Downtrend (-100) - USDKYD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDKYD continues to fall. 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.

FOREX_USDKYD
Open High Low USDKYD Price Change
0.8323178 0.8323178 0.8323178 0.8323178 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDKYD

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 0.8297310

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 0.8331711

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 0.8333714

Smart Scan Analysis for USDKYD

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

-100
Smart Scan Analysis for USDKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8323178 0.8323178 0.8323178 0.8323178 0.0000000
Prev. Close Volume Bid Ask Time
0.8323178 2024-04-23 07:26:27
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