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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Cayman Islands Dollar/British Pound (FOREX:KYDGBP)

Strong Uptrend (+100) - KYDGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, KYDGBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid KYDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for KYDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KYDGBP
Open High Low KYDGBP Price Change
0.9606765 0.9606765 0.9606765 0.9606765 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KYDGBP

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.9565678

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.9500571

short term up The short-term trend has been UP since May 2nd, 2024 at 0.9596078

Smart Scan Analysis for KYDGBP

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

+100
Smart Scan Analysis for KYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9606765 0.9606765 0.9606765 0.9606765 0.0000000
Prev. Close Volume Bid Ask Time
0.9635601 2024-05-08 21:02:47
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