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Forex Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

East Caribbean Dollar/British Pound (FOREX:XCDGBP)

Weak Downtrend (-65) - XCDGBP is showing signs of a strengthening downtrend. Monitor XCDGBP as it may be building momentum to the downside.

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
0.27043740 0.27058542 0.26868531 0.26921163 -0.00122600
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 Oct 15th, 2021 at 0.26904794

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 0.27064277

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
0.27043740 0.27058542 0.26868531 0.26921163 -0.00122600
Prev. Close Volume Bid Ask Time
0.27043740 2021-10-15 22:52:14
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