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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

British Pound/Cayman Islands Dollar (FOREX:GBPKYD)

Strong Downtrend (-100) - GBPKYD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPKYD continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_GBPKYD
Open High Low GBPKYD Price Change
1.042143 1.042143 1.042143 1.042143 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPKYD

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 1.0564174

intermediate term down The intermediate-term trend has been DOWN since Dec 13th, 2024 at 1.0513341

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 1.0572272

Smart Scan Analysis for GBPKYD

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

-100
Smart Scan Analysis for GBPKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.042143 1.042143 1.042143 1.042143 0.000000
Prev. Close Volume Bid Ask Time
1.042143 2024-12-21 08:23:55
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