Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Canadian Dollar/Brazilian Real (FOREX:CADBRL)

Long-Term Downtrend (-90) - CADBRL is in a strong downtrend that is likely to continue. While CADBRL 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 CADBRL?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADBRL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADBRL
Open High Low CADBRL Price Change
4.0686131 4.0867381 4.0658693 4.0828674 +0.0142540
Entry Signal

MarketClub’s Trade Triangles for CADBRL

long term down The long-term trend has been DOWN since Feb 2nd, 2025 at 4.0073830

intermediate term down The intermediate-term trend has been DOWN since Apr 28th, 2025 at 4.0781127

short term down The short-term trend has been DOWN since May 8th, 2025 at 4.0806297

Smart Scan Analysis for CADBRL

Based on our trend formula, CADBRL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CADBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0686131 4.0867381 4.0658693 4.0828674 +0.0142540
Prev. Close Volume Bid Ask Time
4.0686131 2025-05-09 04:59:43
Get a free daily analysis and signals for Canadian Dollar/Brazilian Real (CADBRL) - Request Your Free Report.