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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

British Pound/Cayman Islands Dollar (FOREX:GBPKYD)

Weak Downtrend (-65) - GBPKYD is showing signs of a strengthening downtrend. Monitor GBPKYD as it may be building momentum to the downside.

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
1.0553912 1.0553912 1.0553912 1.0553912 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPKYD

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 1.0564174

intermediate term up The intermediate-term trend has been UP since Nov 20th, 2024 at 1.0522911

short term down The short-term trend has been DOWN since Oct 4th, 2024 at 1.0985095

Smart Scan Analysis for GBPKYD

Based on our trend formula, GBPKYD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0553912 1.0553912 1.0553912 1.0553912 0.0000000
Prev. Close Volume Bid Ask Time
1.0553912 2024-11-20 19:11:53
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