Forex Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
US Dollar/Cayman Islands Dollar (FOREX:USDKYD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 USDKYD
The long term trend has been DOWN since Jun 23rd, 2019 at 0.827945
The intermediate term trend has been DOWN since Jun 23rd, 2019 at 0.829290
The short term trend has been UP since Jul 21st, 2019 at 0.834175
Smart Scan Analysis for USDKYD
Based on a pre-defined weighted trend formula for chart analysis, USDKYD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).