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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2019.

Bermuda Dollar/Cayman Islands Dollar (FOREX:BMDKYD)

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.

FOREX_BMDKYD
Open High Low BMDKYD Price Change
0.8337762 0.8337762 0.8337762 0.8337762 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BMDKYD

long term down The long term trend has been DOWN since Oct 17th, 2019 at 0.8276850

intermediate term down The intermediate term trend has been DOWN since Nov 19th, 2019 at 0.8326974

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 0.8333244

Smart Scan Analysis for BMDKYD

Based on a pre-defined weighted trend formula for chart analysis, BMDKYD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for BMDKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8337762 0.8337762 0.8337762 0.8337762 0.0000000
Prev. Close Volume Bid Ask Time
0.8330691 0.8315164 0.8360359 2019-12-04 07:15:58
Want to analyze Bermuda Dollar/Cayman Islands Dollar BMDKYD or another symbol? Try our Free Forex Trend Analysis Report.