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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

British Pound/Cayman Islands Dollar (FOREX:GBPKYD)

Bear Market Rally (-75) - GBPKYD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPKYD as it may be in the beginning 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.

FOREX_GBPKYD
Open High Low GBPKYD Price Change
1.0253818 1.0253818 1.0253818 1.0253818 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPKYD

long term down The long-term trend has been DOWN since Mar 29th, 2020 at 1.0729429

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2020 at 1.0220416

short term up The short-term trend has been UP since May 21st, 2020 at 1.0210237

Smart Scan Analysis for GBPKYD

Based on our trend formula, GBPKYD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0253818 1.0253818 1.0253818 1.0253818 0.0000000
Prev. Close Volume Bid Ask Time
1.0253818 1.0029151 1.0478485 2020-05-26 07:14:36
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