Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
US Dollar/East Caribbean Dollar (FOREX:USDXCD)
Strong Downtrend (-100) - USDXCD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDXCD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDXCD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDXCD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDXCD
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for USDXCD
Based on our trend formula, USDXCD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).