Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
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
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 DOWN since Oct 17th, 2019 at 0.9463950
The intermediate-term trend has been UP since Jan 29th, 2020 at 0.9216646
The short-term trend has been DOWN since Feb 13th, 2020 at 0.9223100
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).