Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Canadian Dollar/Bermuda Dollar (FOREX:CADBMD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CADBMD
Open High Low CADBMD Price Change
0.757660 0.757805 0.756955 0.757355 -0.000305
Entry Signal

MarketClub’s Trade Triangles for CADBMD

long term down The long term trend has been DOWN since Nov 9th, 2018 at 0.758045

intermediate term up The intermediate term trend has been UP since Jan 6th, 2019 at 0.749670

short term down The short term trend has been DOWN since Feb 14th, 2019 at 0.752900

Smart Scan Analysis for CADBMD

Based on a pre-defined weighted trend formula for chart analysis, CADBMD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for CADBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.757660 0.757805 0.756955 0.757355 -0.000305
Prev. Close Volume Bid Ask Time
0.757660 0.757210 0.757500 2019-02-18 06:51:34
Want to analyze Canadian Dollar/Bermuda Dollar CADBMD or another symbol? Try our Free Forex Trend Analysis Report.