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.
MarketClub’s Trade Triangles for XCDGBP
The long-term trend has been UP since Mar 7th, 2023 at 0.31245446
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.30473191
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).