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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

East Caribbean Dollar/British Pound (FOREX:XCDGBP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

Open High Low XCDGBP Price Change
0.283245 0.285455 0.282740 0.285145 +0.001900
Entry Signal

MarketClub’s Trade Triangles for XCDGBP

long term up The long term trend has been UP since May 1st, 2018 at 0.269720

intermediate term down The intermediate term trend has been DOWN since Aug 29th, 2018 at 0.284310

short term up The short term trend has been UP since Oct 14th, 2018 at 0.281655

Smart Scan Analysis for XCDGBP

Based on a pre-defined weighted trend formula for chart analysis, XCDGBP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for XCDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.283245 0.285455 0.282740 0.285145 +0.001900
Prev. Close Volume Bid Ask Time
0.283245 0.283630 0.286660 2018-10-22 15:05:08
Want to analyze East Caribbean Dollar/British Pound XCDGBP or another symbol? Try our Free Forex Trend Analysis Report.