Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

Canadian Dollar/Bermuda Dollar (FOREX:CADBMD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.775280 0.776420 0.775160 0.775385 +0.000105
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 Sep 20th, 2018 at 0.777550

short term up The short term trend has been UP since Sep 18th, 2018 at 0.772115

Smart Scan Analysis for CADBMD

Based on a pre-defined weighted trend formula for chart analysis, CADBMD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CADBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.775280 0.776420 0.775160 0.775385 +0.000105
Prev. Close Volume Bid Ask Time
0.775280 0.775350 0.775420 2018-09-23 23:19:44
Want to analyze Canadian Dollar/Bermuda Dollar CADBMD or another symbol? Try our Free Forex Trend Analysis Report.