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Forex Trend Analysis Report

Prepared for you on Friday, May 24, 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
0.615625 0.620465 0.615575 0.620145 +0.004520
Entry Signal

MarketClub’s Trade Triangles for CADKYD

long term down The long term trend has been DOWN since Nov 12th, 2018 at 0.629065

intermediate term down The intermediate term trend has been DOWN since May 23rd, 2019 at 0.615755

short term down The short term trend has been DOWN since May 23rd, 2019 at 0.619625

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
0.615625 0.620465 0.615575 0.620145 +0.004520
Prev. Close Volume Bid Ask Time
0.615625 0.620030 0.620260 2019-05-24 18:19:48
Want to analyze Canadian Dollar/Cayman Islands Dollar CADKYD or another symbol? Try our Free Forex Trend Analysis Report.