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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Bermuda Dollar/Cayman Islands Dollar (FOREX:BMDKYD)

Sidelines Mode (+50) - BMDKYD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BMDKYD can gain momentum.

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
0.8353515 0.8353515 0.8353515 0.8353515 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BMDKYD

long term down The long-term trend has been DOWN since Oct 19th, 2021 at 0.8298445

intermediate term up The intermediate-term trend has been UP since Oct 24th, 2021 at 0.8333678

short term up The short-term trend has been UP since Oct 24th, 2021 at 0.8333678

Smart Scan Analysis for BMDKYD

Based on our trend formula, BMDKYD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for BMDKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8353515 0.8353515 0.8353515 0.8353515 0.0000000
Prev. Close Volume Bid Ask Time
0.8353515 2021-10-27 07:18:57
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