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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.
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MarketClub’s Trade Triangles for KYDBMD
The long-term trend has been UP since Jun 17th, 2022 at 1.2076353
The intermediate-term trend has been UP since Jul 15th, 2022 at 1.2013231
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).
| 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 |