Forex Trend Analysis Report
Prepared for you on Tuesday, January 28, 2020.
Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)
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 CADKYD
The long term trend has been UP since Dec 31st, 2019 at 0.64037445
The intermediate term trend has been DOWN since Jan 22nd, 2020 at 0.63471784
The short term trend has been UP since Jan 22nd, 2020 at 0.63933614
Smart Scan Analysis for CADKYD
Based on a pre-defined weighted trend formula for chart analysis, CADKYD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).