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Forex Trend Analysis Report

Prepared for you on Saturday, September 30, 2023.

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.

FOREX_BMDKYD
Open High Low BMDKYD Price Change
0.833387 0.833387 0.833387 0.833387 0.000000
Entry Signal

MarketClub’s Trade Triangles for BMDKYD

long term up The long-term trend has been UP since Jul 21st, 2023 at 0.8391537

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2023 at 0.8373151

short term down The short-term trend has been DOWN since Sep 23rd, 2023 at 0.8335417

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).

+55
Smart Scan Analysis for BMDKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.833387 0.833387 0.833387 0.833387 0.000000
Prev. Close Volume Bid Ask Time
0.833356 2023-09-23 13:03:34
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