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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

East Caribbean Dollar/British Pound (FOREX:XCDGBP)

Long-Term Uptrend (+90) - XCDGBP is in a strong uptrend that is likely to continue. While XCDGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.29770871 0.29828226 0.29672073 0.29767171 -0.00003700
Entry Signal

MarketClub’s Trade Triangles for XCDGBP

long term up The long-term trend has been UP since Apr 11th, 2024 at 0.29555513

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 Apr 10th, 2024 at 0.29336085

Smart Scan Analysis for XCDGBP

Based on our trend formula, XCDGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for XCDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.29770871 0.29828226 0.29672073 0.29767171 -0.00003700
Prev. Close Volume Bid Ask Time
0.29770871 2024-04-16 19:44:55
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