Forex Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Cayman Islands Dollar/Bermuda Dollar (FOREX:KYDBMD)
Crossroads (-60) - KYDBMD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for KYDBMD
The long-term trend has been UP since Oct 19th, 2021 at 1.2050528
The intermediate-term trend has been DOWN since Oct 24th, 2021 at 1.1999585
The short-term trend has been DOWN since Nov 12th, 2021 at 1.2000418
Smart Scan Analysis for KYDBMD
Based on our trend formula, KYDBMD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).