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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.

FOREX_USDKYD
Open High Low USDKYD Price Change
0.8338376 0.8361019 0.8338376 0.8361019 +0.0022640
Entry Signal

MarketClub’s Trade Triangles for USDKYD

long term down The long-term trend has been DOWN since Apr 1st, 2021 at 0.8318662

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2021 at 0.8343536

short term up 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).

+50
Smart Scan Analysis for USDKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8338376 0.8361019 0.8338376 0.8361019 +0.0022640
Prev. Close Volume Bid Ask Time
0.8338376 2021-04-18 22:47:11
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