Forex Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
British Pound/Cayman Islands Dollar (FOREX:GBPKYD)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 GBPKYD
The long term trend has been DOWN since May 19th, 2019 at 1.06820
The intermediate term trend has been UP since Sep 4th, 2019 at 1.01795
The short term trend has been UP since Sep 4th, 2019 at 1.01795
Smart Scan Analysis for GBPKYD
Based on a pre-defined weighted trend formula for chart analysis, GBPKYD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).