Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

East Caribbean Dollar/British Pound (FOREX:XCDGBP)

Countertrend Up (+85) - XCDGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid XCDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for XCDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	XCDGBP Price	Change
0.29609908	0.29653756	0.29605837	0.29653201	+0.00043300
Entry Signal

MarketClub’s Trade Triangles for XCDGBP

The long-term trend has been UP since Apr 11th, 2024 at 0.29555513

The intermediate-term trend has been UP since Mar 27th, 2024 at 0.29249867

The short-term trend has been UP since May 7th, 2024 at 0.29526651

Smart Scan Analysis for XCDGBP

Based on our trend formula, XCDGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.29609908	0.29653756	0.29605837	0.29653201	+0.00043300
Prev. Close	Volume	Bid	Ask	Time
0.29609908				2024-05-09 03:37:43

Get a free daily analysis and signals for East Caribbean Dollar/British Pound (XCDGBP) - Request Your Free Report.