Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2019.
Cayman Islands Dollar/Euro (FOREX:KYDEUR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 KYDEUR
The long term trend has been UP since May 7th, 2018 at 0.993165
The intermediate term trend has been UP since Apr 25th, 2019 at 1.071950
The short term trend has been UP since Apr 24th, 2019 at 1.066850
Smart Scan Analysis for KYDEUR
Based on a pre-defined weighted trend formula for chart analysis, KYDEUR scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).