Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
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 Jul 19th, 2021 at 0.27067237
The intermediate-term trend has been DOWN since Oct 15th, 2021 at 0.26904794
The short-term trend has been DOWN since Oct 14th, 2021 at 0.27064277
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).