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.
MarketClub’s Trade Triangles for BMDKYD
The long-term trend has been DOWN since Apr 6th, 2021 at 0.8298472
The intermediate-term trend has been DOWN since Apr 6th, 2021 at 0.8329332
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).