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Forex Trend Analysis Report

Prepared for you on Wednesday, April 14, 2021.

Bermuda Dollar/Cayman Islands Dollar (FOREX:BMDKYD)

Strong Downtrend (-100) - BMDKYD 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 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
0.8333106 0.8333106 0.8333106 0.8333106 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BMDKYD

long term down The long-term trend has been DOWN since Apr 6th, 2021 at 0.8298472

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2021 at 0.8329332

short term down The short-term trend has been DOWN since Mar 29th, 2021 at 0.8333526

Smart Scan Analysis for BMDKYD

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

-100
Smart Scan Analysis for BMDKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8333106 0.8333106 0.8333106 0.8333106 0.0000000
Prev. Close Volume Bid Ask Time
0.8333106 2021-04-10 08:43:08
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