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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Cayman Islands Dollar/Bermuda Dollar (FOREX:KYDBMD)

Bear Market Rally (-75) - KYDBMD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KYDBMD as it may be in the beginning of a reversal.

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

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

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

FOREX_KYDBMD
Open High Low KYDBMD Price Change
1.2000402 1.2000402 1.2000402 1.2000402 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KYDBMD

long term down The long-term trend has been DOWN since Jan 7th, 2021 at 1.1943823

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 1.1999405

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 1.1999601

Smart Scan Analysis for KYDBMD

Based on our trend formula, KYDBMD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for KYDBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2000402 1.2000402 1.2000402 1.2000402 0.0000000
Prev. Close Volume Bid Ask Time
1.2000402 2021-03-07 21:00:28
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