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.
MarketClub’s Trade Triangles for KYDBMD
The long-term trend has been DOWN since Jan 7th, 2021 at 1.1943823
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 1.1999405
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).