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Forex Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

East Caribbean Dollar/British Pound (FOREX:XCDGBP)

Sidelines Mode (+55) - XCDGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.27158450 0.27229681 0.27088699 0.27205074 +0.00046600
Entry Signal

MarketClub’s Trade Triangles for XCDGBP

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.27067237

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2021 at 0.27670759

short term up The short-term trend has been UP since Jan 17th, 2022 at 0.27097210

Smart Scan Analysis for XCDGBP

Based on our trend formula, XCDGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for XCDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27158450 0.27229681 0.27088699 0.27205074 +0.00046600
Prev. Close Volume Bid Ask Time
0.27158450 2022-01-20 18:08:32
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