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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Cayman Islands Dollar/Bermuda Dollar (FOREX:KYDBMD)
Sidelines Mode (-55) - KYDBMD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for KYDBMD
The long-term trend has been UP since Mar 4th, 2024 at 1.2027042
The intermediate-term trend has been DOWN since Jul 22nd, 2024 at 1.1999113
The short-term trend has been UP since Jul 25th, 2024 at 1.2000000
Smart Scan Analysis for KYDBMD
Based on our trend formula, KYDBMD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1999558 | 1.1999558 | 1.1999558 | 1.1999558 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1999558 | 2024-07-26 14:00:13 |