Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

British Pound/Cayman Islands Dollar (FOREX:GBPKYD)

Sidelines Mode (-50) - GBPKYD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPKYD can gain momentum.

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

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

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

FOREX_GBPKYD
Open High Low GBPKYD Price Change
1.1547328 1.1547328 1.1547328 1.1547328 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPKYD

long term up The long-term trend has been UP since Nov 22nd, 2020 at 1.1054877

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2021 at 1.1554166

short term down The short-term trend has been DOWN since Mar 1st, 2021 at 1.1766346

Smart Scan Analysis for GBPKYD

Based on our trend formula, GBPKYD is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for GBPKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1547328 1.1547328 1.1547328 1.1547328 0.0000000
Prev. Close Volume Bid Ask Time
1.1534268 2021-03-07 21:00:28
Get a free daily analysis and signals for British Pound/Cayman Islands Dollar (GBPKYD) - Request Your Free Report.