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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

Cayman Islands Dollar/British Pound (FOREX:KYDGBP)

Crossroads (+60) - KYDGBP is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_KYDGBP
Open High Low KYDGBP Price Change
0.9449012 0.9470838 0.9449012 0.9469435 +0.0020420
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 up The intermediate-term trend has been UP since Jun 16th, 2024 at 0.9455719

short term up The short-term trend has been UP since Jun 14th, 2024 at 0.9430244

Smart Scan Analysis for KYDGBP

Based on our trend formula, KYDGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9449012 0.9470838 0.9449012 0.9469435 +0.0020420
Prev. Close Volume Bid Ask Time
0.9437955 2024-06-16 21:00:24
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