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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Canadian Dollar/Brazilian Real (FOREX:CADBRL)
Strong Downtrend (-100) - CADBRL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CADBRL continues to fall. 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.
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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 Apr 28th, 2025 at 4.0781127
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 -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0686131 | 4.0738580 | 4.0658693 | 4.0684720 | -0.0001410 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0686131 | 2025-05-09 03:21:12 |