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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

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
1.0110718 1.0110718 1.0110718 1.0110718 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPKYD

long term down The long-term trend has been DOWN since Mar 3rd, 2023 at 1.0027146

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2023 at 1.0088148

short term up The short-term trend has been UP since Mar 15th, 2023 at 1.0003723

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
1.0110718 1.0110718 1.0110718 1.0110718 0.0000000
Prev. Close Volume Bid Ask Time
1.0110718 2023-03-18 03:55:51
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