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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Bermuda Dollar/Cayman Islands Dollar (FOREX:BMDKYD)

Bull Market Weakness (+75) - BMDKYD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BMDKYD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid BMDKYD?

MarketClub looks at technical strength and momentum to determine if the timing is right for BMDKYD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BMDKYD
Open High Low BMDKYD Price Change
0.8333086 0.8333086 0.8333086 0.8333086 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BMDKYD

long term up The long-term trend has been UP since Mar 8th, 2023 at 0.8386924

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2023 at 0.8353518

short term up The short-term trend has been UP since Feb 3rd, 2023 at 0.8379540

Smart Scan Analysis for BMDKYD

Based on our trend formula, BMDKYD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BMDKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8333086 0.8333086 0.8333086 0.8333086 0.0000000
Prev. Close Volume Bid Ask Time
0.8333086 2023-03-18 03:55:51
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