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Forex Trend Analysis Report

Prepared for you on Sunday, February 9, 2025.

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.

FOREX_CADBMD
Open High Low CADBMD Price Change
0.7013994 0.7013994 0.7013994 0.7013994 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CADBMD

long term down The long-term trend has been DOWN since Oct 31st, 2024 at 0.7188829

intermediate term down The intermediate-term trend has been DOWN since Jan 17th, 2025 at 0.6930110

short term up The short-term trend has been UP since Feb 4th, 2025 at 0.6973909

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).

-65
Smart Scan Analysis for CADBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7013994 0.7013994 0.7013994 0.7013994 0.0000000
Prev. Close Volume Bid Ask Time
0.7013994 2025-02-08 05:16:12
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