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Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low CADKYD Price Change
0.63397 0.63397 0.62879 0.62879 -0.00518
Entry Signal

MarketClub’s Trade Triangles for CADKYD

long term down The long term trend has been DOWN since Nov 12th, 2018 at 0.629065

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2018 at 0.637610

short term up The short term trend has been UP since Nov 16th, 2018 at 0.633530

Smart Scan Analysis for CADKYD

Based on a pre-defined weighted trend formula for chart analysis, CADKYD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.63397 0.63397 0.62879 0.62879 -0.00518
Prev. Close Volume Bid Ask Time
0.63397 0.62867 0.62891 2018-11-17 19:19:49
Want to analyze Canadian Dollar/Cayman Islands Dollar CADKYD or another symbol? Try our Free Forex Trend Analysis Report.