Forex Trend Analysis Report
Prepared for you on Sunday, June 25, 2017.
Cayman Islands Dollar/Bermuda Dollar (FOREX:KYDBMD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 May 16th, 2017 at 1.20005
The intermediate term trend has been DOWN since May 29th, 2017 at 1.19990
The short term trend has been DOWN since May 25th, 2017 at 1.20000
Smart Scan Analysis for KYDBMD
Based on a pre-defined weighted trend formula for chart analysis, KYDBMD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).