Forex Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
Cayman Islands Dollar/Bermuda Dollar (FOREX:KYDBMD)
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 KYDBMD
The long term trend has been UP since Jun 26th, 2018 at 1.20125
The intermediate term trend has been DOWN since Sep 25th, 2018 at 1.19995
The short term trend has been UP since Oct 18th, 2018 at 1.19995
Smart Scan Analysis for KYDBMD
Based on a pre-defined weighted trend formula for chart analysis, KYDBMD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).