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Forex Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

Bermuda Dollar/Cayman Islands Dollar (FOREX:BMDKYD)

Weak Downtrend (-65) - BMDKYD is showing signs of a strengthening downtrend. Monitor BMDKYD as it may be building momentum to the downside.

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
0.8332937 0.8332937 0.8332937 0.8332937 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BMDKYD

long term down The long-term trend has been DOWN since Mar 4th, 2024 at 0.8314660

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2024 at 0.8304674

short term up The short-term trend has been UP since May 24th, 2024 at 0.8332936

Smart Scan Analysis for BMDKYD

Based on our trend formula, BMDKYD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for BMDKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8332937 0.8332937 0.8332937 0.8332937 0.0000000
Prev. Close Volume Bid Ask Time
0.8332937 2024-05-27 07:25:50
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