Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

Cayman Islands Dollar/British Pound (FOREX:KYDGBP)

Long-Term Downtrend (-90) - KYDGBP is in a strong downtrend that is likely to continue. While KYDGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.8631399 0.8631399 0.8631399 0.8631399 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KYDGBP

long term down The long-term trend has been DOWN since Nov 22nd, 2020 at 0.9049495

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2021 at 0.8667871

short term down The short-term trend has been DOWN since Apr 18th, 2021 at 0.8702617

Smart Scan Analysis for KYDGBP

Based on our trend formula, KYDGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for KYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8631399 0.8631399 0.8631399 0.8631399 0.0000000
Prev. Close Volume Bid Ask Time
0.8631399 2021-05-01 03:02:37
Get a free daily analysis and signals for Cayman Islands Dollar/British Pound (KYDGBP) - Request Your Free Report.