Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Canadian Dollar/Bermuda Dollar (FOREX:CADBMD)
Weak Uptrend (+65) - CADBMD is showing signs of weakening momentum to the upside. Monitor CADBMD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CADBMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADBMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for CADBMD
The long-term trend has been UP since Dec 15th, 2023 at 0.7489680
The intermediate-term trend has been UP since Mar 8th, 2024 at 0.7464723
The short-term trend has been DOWN since Mar 14th, 2024 at 0.7411193
Smart Scan Analysis for CADBMD
Based on our trend formula, CADBMD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.7398613 | 0.7403011 | 0.7380637 | 0.7388824 | -0.0009790 |
Prev. Close | Volume | Bid | Ask | Time |
0.7398613 | 2024-03-19 07:21:59 |