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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

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.

FOREX_KYDBMD
Open High Low KYDBMD Price Change
1.1999767 1.1999767 1.1999767 1.1999767 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KYDBMD

long term up The long-term trend has been UP since Jun 17th, 2022 at 1.2076353

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2022 at 1.2013231

short term down The short-term trend has been DOWN since Aug 2nd, 2022 at 1.2000469

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).

+55
Smart Scan Analysis for KYDBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1999767 1.1999767 1.1999767 1.1999767 0.0000000
Prev. Close Volume Bid Ask Time
1.1999767 2022-08-14 21:08:42
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