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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Cayman Islands Dollar/Bermuda Dollar (FOREX:KYDBMD)
Bull Market Weakness (+75) - KYDBMD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KYDBMD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid KYDBMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KYDBMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for KYDBMD
The long-term trend has been UP since Mar 4th, 2024 at 1.2027042
The intermediate-term trend has been UP since May 3rd, 2024 at 1.2041507
The short-term trend has been UP since May 2nd, 2024 at 1.2000000
Smart Scan Analysis for KYDBMD
Based on our trend formula, KYDBMD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.199933 | 1.199933 | 1.199933 | 1.199933 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.199933 | 2024-05-08 21:02:47 |