
Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Canadian Dollar/Bermuda Dollar (FOREX:CADBMD)
Weak Downtrend (-65) - CADBMD is showing signs of a strengthening downtrend. Monitor CADBMD as it may be building momentum to the downside.
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 DOWN since May 1st, 2022 at 0.7771335
The intermediate-term trend has been DOWN since Feb 16th, 2023 at 0.7440346
The short-term trend has been UP since Mar 28th, 2023 at 0.7352272
Smart Scan Analysis for CADBMD
Based on our trend formula, CADBMD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
0.7349254 | 0.7377921 | 0.7319740 | 0.7369243 | +0.0019990 |
Prev. Close | Volume | Bid | Ask | Time |
0.7349254 | 2023-03-28 23:59:08 |