Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Cayman Islands Dollar/British Pound (FOREX:KYDGBP)

Sidelines Mode (-55) - KYDGBP 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 KYDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for KYDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KYDGBP
Open High Low KYDGBP Price Change
0.948006 0.948006 0.948006 0.948006 0.000000
Entry Signal

MarketClub’s Trade Triangles for KYDGBP

long term up The long-term trend has been UP since Nov 18th, 2024 at 0.9470539

intermediate term down The intermediate-term trend has been DOWN since Nov 20th, 2024 at 0.9508001

short term up The short-term trend has been UP since Oct 4th, 2024 at 0.9107475

Smart Scan Analysis for KYDGBP

Based on our trend formula, KYDGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for KYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.948006 0.948006 0.948006 0.948006 0.000000
Prev. Close Volume Bid Ask Time
0.948006 2024-11-20 19:11:53
Get a free daily analysis and signals for Cayman Islands Dollar/British Pound (KYDGBP) - Request Your Free Report.