Forex Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
Cayman Islands Dollar/British Pound (FOREX:KYDGBP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for KYDGBP
The long term trend has been UP since May 19th, 2019 at 0.936580
The intermediate term trend has been UP since Jul 2nd, 2019 at 0.951270
The short term trend has been UP since Jul 2nd, 2019 at 0.946395
Smart Scan Analysis for KYDGBP
Based on a pre-defined weighted trend formula for chart analysis, KYDGBP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).