Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2019.
Canadian Dollar/Cayman Islands Dollar (FOREX:CADKYD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.
MarketClub’s Trade Triangles for CADKYD
The long term trend has been DOWN since Nov 12th, 2018 at 0.629065
The intermediate term trend has been DOWN since Mar 4th, 2019 at 0.624655
The short term trend has been UP since Mar 13th, 2019 at 0.624195
Smart Scan Analysis for CADKYD
Based on a pre-defined weighted trend formula for chart analysis, CADKYD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).