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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

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
0.29846358 0.30020272 0.29833777 0.29974187 +0.00127800
Entry Signal

MarketClub’s Trade Triangles for XCDGBP

long term up The long-term trend has been UP since Mar 7th, 2023 at 0.31245446

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.30473191

short term down The short-term trend has been DOWN since Mar 17th, 2023 at 0.30342570

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
0.29846358 0.30020272 0.29833777 0.29974187 +0.00127800
Prev. Close Volume Bid Ask Time
0.29846358 2023-03-31 18:18:54
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