Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Bermuda Dollar/Cayman Islands Dollar (FOREX:BMDKYD)
Sidelines Mode (-55) - BMDKYD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BMDKYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BMDKYD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BMDKYD
The long-term trend has been DOWN since Mar 4th, 2024 at 0.8314660
The intermediate-term trend has been DOWN since May 3rd, 2024 at 0.8304674
The short-term trend has been UP since May 9th, 2024 at 0.8333864
Smart Scan Analysis for BMDKYD
Based on our trend formula, BMDKYD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8344732 | 0.8344732 | 0.8344732 | 0.8344732 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8344732 | 2024-05-09 07:26:28 |