Forex Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
Cayman Islands Dollar/Canadian Dollar (FOREX:KYDCAD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 KYDCAD
The long term trend has been UP since Mar 5th, 2018 at 1.56205
The intermediate term trend has been UP since Feb 7th, 2018 at 1.50645
The short term trend has been DOWN since Mar 20th, 2018 at 1.55990
Smart Scan Analysis for KYDCAD
Based on a pre-defined weighted trend formula for chart analysis, KYDCAD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).