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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Bermuda Dollar/Canadian Dollar (FOREX:BMDCAD)
Long-Term Downtrend (-90) - BMDCAD is in a strong downtrend that is likely to continue. While BMDCAD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BMDCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BMDCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BMDCAD
The long-term trend has been DOWN since Apr 3rd, 2025 at 1.4116362
The intermediate-term trend has been DOWN since May 23rd, 2025 at 1.3717549
The short-term trend has been DOWN since May 30th, 2025 at 1.3697798
Smart Scan Analysis for BMDCAD
Based on our trend formula, BMDCAD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3789222 | 1.3795506 | 1.3679643 | 1.3706576 | -0.0082650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3789222 | 2025-05-30 17:04:49 |