Forex Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
Cayman Islands Dollar/Bermuda Dollar (FOREX:KYDBMD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.
MarketClub’s Trade Triangles for KYDBMD
The long term trend has been UP since Jun 26th, 2018 at 1.20125
The intermediate term trend has been DOWN since Nov 5th, 2018 at 1.19995
The short term trend has been UP since Dec 9th, 2018 at 1.20000
Smart Scan Analysis for KYDBMD
Based on a pre-defined weighted trend formula for chart analysis, KYDBMD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).