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Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)

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_CADKYD
Open High Low CADKYD Price Change
0.62832140 0.63053779 0.62678303 0.63029477 +0.00197300
Entry Signal

MarketClub’s Trade Triangles for CADKYD

long term up The long term trend has been UP since Jun 27th, 2019 at 0.63728000

intermediate term down The intermediate term trend has been DOWN since Nov 11th, 2019 at 0.62933689

short term down The short term trend has been DOWN since Nov 6th, 2019 at 0.63240000

Smart Scan Analysis for CADKYD

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

-70
Smart Scan Analysis for CADKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.62832140 0.63053779 0.62678303 0.63029477 +0.00197300
Prev. Close Volume Bid Ask Time
0.63020641 0.62993011 0.63065943 2019-11-15 17:00:00
Want to analyze Canadian Dollar/Cayman Islands Dollar CADKYD or another symbol? Try our Free Forex Trend Analysis Report.