Forex Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
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 Nov 3rd, 2020 at 0.8298686
The intermediate-term trend has been DOWN since Oct 19th, 2020 at 0.8324707
The short-term trend has been DOWN since Nov 3rd, 2020 at 0.8333103
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).