Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

Canadian Dollar/Bermuda Dollar (FOREX:CADBMD)

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.

FOREX_CADBMD
Open High Low CADBMD Price Change
0.761260 0.761825 0.756880 0.757280 -0.003980
Entry Signal

MarketClub’s Trade Triangles for CADBMD

long term down The long term trend has been DOWN since Mar 5th, 2018 at 0.771190

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 0.766445

short term down The short term trend has been DOWN since Jul 17th, 2018 at 0.759115

Smart Scan Analysis for CADBMD

Based on a pre-defined weighted trend formula for chart analysis, CADBMD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for CADBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.761260 0.761825 0.756880 0.757280 -0.003980
Prev. Close Volume Bid Ask Time
0.761260 0.757140 0.757420 2018-07-19 09:38:12
Want to analyze Canadian Dollar/Bermuda Dollar CADBMD or another symbol? Try our Free Forex Trend Analysis Report.