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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 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
1.1437876 1.1437876 1.1437876 1.1437876 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPKYD

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 1.1448724

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2021 at 1.1431953

short term up The short-term trend has been UP since Oct 7th, 2021 at 1.1322939

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
1.1437876 1.1437876 1.1437876 1.1437876 0.0000000
Prev. Close Volume Bid Ask Time
1.1437876 2021-10-18 07:17:18
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