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.
MarketClub’s Trade Triangles for GBPKYD
The long-term trend has been DOWN since Jul 19th, 2021 at 1.1448724
The intermediate-term trend has been DOWN since Jun 2nd, 2022 at 1.0445014
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).