Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Bermuda Dollar/Cayman Islands Dollar (FOREX:BMDKYD)
Crossroads (-60) - BMDKYD is struggling to move into a solid trend. Beware of choppy markets 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 Oct 19th, 2021 at 0.8298445
The intermediate-term trend has been UP since Oct 24th, 2021 at 0.8333678
The short-term trend has been UP since Oct 24th, 2021 at 0.8333678
Smart Scan Analysis for BMDKYD
Based on our trend formula, BMDKYD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).