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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
0.628255 0.629765 0.626100 0.627805 -0.000450
Entry Signal

MarketClub’s Trade Triangles for CADKYD

long term up The long term trend has been UP since Jun 27th, 2019 at 0.637280

intermediate term down The intermediate term trend has been DOWN since Jul 23rd, 2019 at 0.633895

short term down The short term trend has been DOWN since Aug 13th, 2019 at 0.628045

Smart Scan Analysis for CADKYD

Based on a pre-defined weighted trend formula for chart analysis, CADKYD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CADKYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.628255 0.629765 0.626100 0.627805 -0.000450
Prev. Close Volume Bid Ask Time
0.628255 0.627540 0.628070 2019-08-16 18:19:00
Want to analyze Canadian Dollar/Cayman Islands Dollar CADKYD or another symbol? Try our Free Forex Trend Analysis Report.