Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
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.
MarketClub’s Trade Triangles for KYDGBP
The long-term trend has been UP since Jul 19th, 2021 at 0.8738175
The intermediate-term trend has been UP since Sep 27th, 2021 at 0.8704642
The short-term trend has been DOWN since Oct 7th, 2021 at 0.8835398
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).