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Forex Trend Analysis Report

Prepared for you on Tuesday, September 26, 2023.

Cayman Islands Dollar/Bermuda Dollar (FOREX:KYDBMD)

Bear Market Rally (-75) - KYDBMD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KYDBMD as it may be in the beginning of a reversal.

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
1.1999323 1.1999323 1.1999323 1.1999323 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KYDBMD

long term down The long-term trend has been DOWN since Jul 21st, 2023 at 1.1916862

intermediate term down The intermediate-term trend has been DOWN since Aug 25th, 2023 at 1.1943025

short term up The short-term trend has been UP since Sep 23rd, 2023 at 1.1997094

Smart Scan Analysis for KYDBMD

Based on our trend formula, KYDBMD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for KYDBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1999323 1.1999323 1.1999323 1.1999323 0.0000000
Prev. Close Volume Bid Ask Time
1.1999323 2023-09-23 13:03:34
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