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Forex Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
East Caribbean Dollar/British Pound (FOREX:XCDGBP)
Bull Market Weakness (+75) - XCDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XCDGBP as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for XCDGBP
The long-term trend has been UP since Apr 11th, 2024 at 0.29555513
The intermediate-term trend has been UP since Mar 27th, 2024 at 0.29249867
The short-term trend has been UP since May 7th, 2024 at 0.29526651
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.29559768 | 0.29595106 | 0.29506669 | 0.29533311 | -0.00026500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.29559768 | 2024-05-10 14:04:12 |