Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Cayman Islands Dollar/Bermuda Dollar (FOREX:KYDBMD)
Strong Downtrend (-100) - KYDBMD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for KYDBMD
The long-term trend has been DOWN since Jan 7th, 2021 at 1.1943823
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 1.1999405
The short-term trend has been DOWN since Mar 4th, 2021 at 1.1999601
Smart Scan Analysis for KYDBMD
Based on our trend formula, KYDBMD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).