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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

East Caribbean Dollar/British Pound (FOREX:XCDGBP)

Bull Market Weakness (+75) - XCDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XCDGBP as it may be in the beginning stages of a reversal.

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.

FOREX_XCDGBP
Open High Low XCDGBP Price Change
0.29303892 0.29400840 0.29255788 0.29309442 +0.00005600
Entry Signal

MarketClub’s Trade Triangles for XCDGBP

long term down The long-term trend has been DOWN since Dec 14th, 2023 at 0.29063186

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

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

Smart Scan Analysis for XCDGBP

Based on our trend formula, XCDGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for XCDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.29303892 0.29400840 0.29255788 0.29309442 +0.00005600
Prev. Close Volume Bid Ask Time
0.29303892 2024-03-28 13:52:44
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