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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Cayman Islands Dollar/Canadian Dollar (FOREX:KYDCAD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

FOREX_KYDCAD
Open High Low KYDCAD Price Change
1.57875 1.58185 1.57620 1.57955 +0.00080
Entry Signal

MarketClub’s Trade Triangles for KYDCAD

long term up The long term trend has been UP since Mar 5th, 2018 at 1.56205

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 1.56990

short term up The short term trend has been UP since Aug 8th, 2018 at 1.56965

Smart Scan Analysis for KYDCAD

Based on a pre-defined weighted trend formula for chart analysis, KYDCAD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for KYDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.57875 1.58185 1.57620 1.57955 +0.00080
Prev. Close Volume Bid Ask Time
1.57875 1.57950 1.57960 2018-08-16 19:27:05
Want to analyze Cayman Islands Dollar/Canadian Dollar KYDCAD or another symbol? Try our Free Forex Trend Analysis Report.