Forex Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
Cayman Islands Dollar/Bermuda Dollar (FOREX:KYDBMD)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
MarketClub’s Trade Triangles for KYDBMD
The long term trend has been UP since Sep 1st, 2017 at 1.20000
The intermediate term trend has been DOWN since Oct 20th, 2017 at 1.19995
The short term trend has been DOWN since Oct 20th, 2017 at 1.19995
Smart Scan Analysis for KYDBMD
Based on a pre-defined weighted trend formula for chart analysis, KYDBMD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).