Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
East Caribbean Dollar/Surinamese Dollar (FOREX:XCDSRD)
Bull Market Weakness (+75) - XCDSRD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XCDSRD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XCDSRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for XCDSRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XCDSRD
The long-term trend has been UP since May 31st, 2022 at 7.7530
The intermediate-term trend has been UP since Apr 29th, 2022 at 7.7025
The short-term trend has been UP since Mar 25th, 2022 at 7.6905
Smart Scan Analysis for XCDSRD
Based on our trend formula, XCDSRD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).