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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
East Caribbean Dollar/Surinamese Dollar (FOREX:XCDSRD)
Long-Term Downtrend (-90) - XCDSRD is in a strong downtrend that is likely to continue. While XCDSRD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for XCDSRD
The long-term trend has been DOWN since Nov 10th, 2023 at 14.1365
The intermediate-term trend has been DOWN since Jan 19th, 2024 at 13.5525
The short-term trend has been DOWN since Jul 24th, 2024 at 11.3025
Smart Scan Analysis for XCDSRD
Based on our trend formula, XCDSRD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.846 | 10.846 | 10.846 | 10.846 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.846 | 10.741 | 10.951 | 2024-07-24 09:49:01 |