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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Cayman Islands Dollar/Bermuda Dollar (FOREX:KYDBMD)

Countertrend Up (+85) - KYDBMD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid KYDBMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for KYDBMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KYDBMD
Open High Low KYDBMD Price Change
1.2071643 1.2071643 1.2071643 1.2071643 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KYDBMD

long term up The long-term trend has been UP since Oct 19th, 2021 at 1.2050528

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 1.2038744

short term up The short-term trend has been UP since Oct 19th, 2021 at 1.2023921

Smart Scan Analysis for KYDBMD

Based on our trend formula, KYDBMD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for KYDBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2071643 1.2071643 1.2071643 1.2071643 0.0000000
Prev. Close Volume Bid Ask Time
1.2071643 2021-10-19 07:16:41
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