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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

British Pound/Cayman Islands Dollar (FOREX:GBPKYD)

Strong Downtrend (-100) - GBPKYD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPKYD continues to fall. Traders should use caution and set stops.

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
1.0206539 1.0206539 1.0206539 1.0206539 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 down The intermediate-term trend has been DOWN since Jun 2nd, 2022 at 1.0445014

short term down The short-term trend has been DOWN since Apr 4th, 2022 at 1.0936992

Smart Scan Analysis for GBPKYD

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

-100
Smart Scan Analysis for GBPKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0206539 1.0206539 1.0206539 1.0206539 0.0000000
Prev. Close Volume Bid Ask Time
1.0206539 2022-06-28 07:20:52
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