Forex Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
Cayman Islands Dollar/British Pound (FOREX:KYDGBP)
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 KYDGBP
The long term trend has been UP since May 19th, 2019 at 0.936580
The intermediate term trend has been UP since Apr 21st, 2019 at 0.921475
The short term trend has been UP since May 8th, 2019 at 0.920950
Smart Scan Analysis for KYDGBP
Based on a pre-defined weighted trend formula for chart analysis, KYDGBP scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).