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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Cayman Islands Dollar/British Pound (FOREX:KYDGBP)

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

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
0.9330082 0.9330856 0.9330082 0.9330856 +0.0000770
Entry Signal

MarketClub’s Trade Triangles for KYDGBP

long term down The long-term trend has been DOWN since Jun 10th, 2024 at 0.9375840

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.9410823

short term up The short-term trend has been UP since Jul 21st, 2024 at 0.9255396

Smart Scan Analysis for KYDGBP

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

-75
Smart Scan Analysis for KYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9330082 0.9330856 0.9330082 0.9330856 +0.0000770
Prev. Close Volume Bid Ask Time
0.9330082 2024-07-26 14:00:13
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