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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

East Caribbean Dollar/Surinamese Dollar (FOREX:XCDSRD)

Countertrend Up (+85) - XCDSRD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_XCDSRD
Open High Low XCDSRD Price Change
7.993 7.993 7.993 7.993 0.000
Entry Signal

MarketClub’s Trade Triangles for XCDSRD

long term up The long-term trend has been UP since Sep 28th, 2020 at 2.7475

intermediate term up The intermediate-term trend has been UP since Sep 15th, 2021 at 7.9590

short term up The short-term trend has been UP since Oct 12th, 2021 at 7.9655

Smart Scan Analysis for XCDSRD

Based on our trend formula, XCDSRD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for XCDSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.993 7.993 7.993 7.993 0.000
Prev. Close Volume Bid Ask Time
7.993 7.915 8.071 2021-10-22 11:10:54
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