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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

US Dollar/Cayman Islands Dollar (FOREX:USDKYD)

Countertrend Up (+85) - USDKYD 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 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
0.8337404 0.8337404 0.8337404 0.8337404 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDKYD

long term up The long-term trend has been UP since Aug 7th, 2022 at 0.8354929

intermediate term up The intermediate-term trend has been UP since Jul 18th, 2022 at 0.8335461

short term up The short-term trend has been UP since Jul 18th, 2022 at 0.8335461

Smart Scan Analysis for USDKYD

Based on our trend formula, USDKYD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8337404 0.8337404 0.8337404 0.8337404 0.0000000
Prev. Close Volume Bid Ask Time
0.8374122 2022-08-10 07:20:33
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