Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
British Pound/Cayman Islands Dollar (FOREX:GBPKYD)
Weak Uptrend (+65) - GBPKYD is showing signs of weakening momentum to the upside. Monitor GBPKYD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for GBPKYD
The long-term trend has been UP since Nov 22nd, 2020 at 1.1054877
The intermediate-term trend has been UP since Nov 9th, 2020 at 1.0960712
The short-term trend has been DOWN since Dec 2nd, 2020 at 1.1102883
Smart Scan Analysis for GBPKYD
Based on our trend formula, GBPKYD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).