Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Bermuda Dollar/Canadian Dollar (FOREX:BMDCAD)
Weak Uptrend (+65) - BMDCAD is showing signs of weakening momentum to the upside. Monitor BMDCAD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BMDCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BMDCAD.
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 BMDCAD
The long-term trend has been UP since Oct 31st, 2024 at 1.3910472
The intermediate-term trend has been UP since Jan 30th, 2025 at 1.4479064
The short-term trend has been DOWN since Feb 4th, 2025 at 1.4339759
Smart Scan Analysis for BMDCAD
Based on our trend formula, BMDCAD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4301703 | 1.4310083 | 1.4237462 | 1.4254570 | -0.0047130 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4301703 | 2025-02-05 06:52:52 |