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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

British Pound/Cayman Islands Dollar (FOREX:GBPKYD)

Bull Market Weakness (+75) - GBPKYD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.

FOREX_GBPKYD
Open High Low GBPKYD Price Change
1.072326 1.072326 1.072237 1.072237 -0.000089
Entry Signal

MarketClub’s Trade Triangles for GBPKYD

long term up The long-term trend has been UP since Jun 10th, 2024 at 1.0670851

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2024 at 1.0631312

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 1.0809749

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
1.072326 1.072326 1.072237 1.072237 -0.000089
Prev. Close Volume Bid Ask Time
1.072326 2024-07-26 14:00:13
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