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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Bermuda Dollar/Canadian Dollar (FOREX:BMDCAD)

Weak Downtrend (-65) - BMDCAD is showing signs of a strengthening downtrend. Monitor BMDCAD as it may be building momentum to the downside.

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.

FOREX_BMDCAD
Open High Low BMDCAD Price Change
1.3888277 1.3893115 1.3876057 1.3879199 -0.0009080
Entry Signal

MarketClub’s Trade Triangles for BMDCAD

long term down The long-term trend has been DOWN since Apr 3rd, 2025 at 1.4116362

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2025 at 1.4209482

short term up The short-term trend has been UP since May 8th, 2025 at 1.3811018

Smart Scan Analysis for BMDCAD

Based on our trend formula, BMDCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for BMDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3888277 1.3893115 1.3876057 1.3879199 -0.0009080
Prev. Close Volume Bid Ask Time
1.3888277 2025-05-09 07:14:04
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