Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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.
MarketClub’s Trade Triangles for XCDGBP
The long-term trend has been UP since Feb 28th, 2020 at 0.28980854
The intermediate-term trend has been UP since May 12th, 2020 at 0.30194742
The short-term trend has been UP since May 22nd, 2020 at 0.30364772
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).