Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CADBRL
The long-term trend has been DOWN since Feb 2nd, 2025 at 4.0073830
The intermediate-term trend has been DOWN since Jan 9th, 2025 at 4.2080153
The short-term trend has been DOWN since Feb 17th, 2025 at 4.0194574
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0218747 | 4.0367205 | 4.0098933 | 4.0275249 | +0.0056500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0218747 | 2025-02-21 17:00:13 |