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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Brazilian Real/Canadian Dollar (FOREX:BRLCAD)
Long-Term Uptrend (+90) - BRLCAD is in a strong uptrend that is likely to continue. While BRLCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BRLCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLCAD.
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 BRLCAD
The long-term trend has been UP since Feb 2nd, 2025 at 0.24953978
The intermediate-term trend has been UP since Apr 28th, 2025 at 0.24520799
The short-term trend has been UP since May 8th, 2025 at 0.24506062
Smart Scan Analysis for BRLCAD
Based on our trend formula, BRLCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24578440 | 0.24595026 | 0.24469433 | 0.24510719 | -0.00067700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24578440 | 2025-05-09 07:29:23 |