Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Cayman Islands Dollar/British Pound (FOREX:KYDGBP)
Strong Downtrend (-100) - KYDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for KYDGBP
The long-term trend has been DOWN since Nov 22nd, 2020 at 0.9049495
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 0.9127233
The short-term trend has been DOWN since Feb 14th, 2021 at 0.8673447
Smart Scan Analysis for KYDGBP
Based on our trend formula, KYDGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).