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Forex Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
Canadian Dollar/Bermuda Dollar (FOREX:CADBMD)
Bull Market Weakness (+75) - CADBMD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADBMD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CADBMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADBMD.
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 CADBMD
The long-term trend has been UP since Oct 20th, 2021 at 0.8148547
The intermediate-term trend has been DOWN since Nov 9th, 2021 at 0.8032331
The short-term trend has been UP since Dec 6th, 2021 at 0.7865942
Smart Scan Analysis for CADBMD
Based on our trend formula, CADBMD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7930032 | 0.7950157 | 0.7915006 | 0.7923138 | -0.0006890 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7930032 | 2021-12-08 18:00:51 |