Forex Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
Cayman Islands Dollar/British Pound (FOREX:KYDGBP)
Crossroads (-60) - KYDGBP 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 KYDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for KYDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KYDGBP
The long-term trend has been DOWN since Nov 22nd, 2020 at 0.9049495
The intermediate-term trend has been UP since Mar 7th, 2021 at 0.8658290
The short-term trend has been UP since Apr 7th, 2021 at 0.8702136
Smart Scan Analysis for KYDGBP
Based on our trend formula, KYDGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).