Forex Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for CADKYD
The long term trend has been DOWN since Mar 5th, 2018 at 0.641775
The intermediate term trend has been DOWN since Feb 6th, 2018 at 0.663800
The short term trend has been UP since Mar 21st, 2018 at 0.642560
Smart Scan Analysis for CADKYD
Based on a pre-defined weighted trend formula for chart analysis, CADKYD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).