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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 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.

FOREX_KYDBMD
Open High Low KYDBMD Price Change
1.2 1.2 1.2 1.2 0.0
Entry Signal

MarketClub’s Trade Triangles for KYDBMD

long term up The long-term trend has been UP since Mar 4th, 2024 at 1.2027042

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2024 at 1.2000000

short term up The short-term trend has been UP since Nov 18th, 2024 at 1.1999336

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
1.2 1.2 1.2 1.2 0.0
Prev. Close Volume Bid Ask Time
1.2 2024-11-18 21:06:10
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