Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Cayman Islands Dollar/Bermuda Dollar (FOREX:KYDBMD)
Bull Market Weakness (+75) - KYDBMD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KYDBMD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid
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.
MarketClub’s Trade Triangles for KYDBMD
The long-term trend has been DOWN since Jan 3rd, 2020 at 1.1967143
The intermediate-term trend has been UP since Feb 3rd, 2020 at 1.2021000
The short-term trend has been UP since Feb 16th, 2020 at 1.1999337
Smart Scan Analysis for KYDBMD
Based on our trend formula, KYDBMD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).