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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.

FOREX_XCDSRD
Open High Low XCDSRD Price Change
8.740 8.740 8.740 8.740 0.000
Entry Signal

MarketClub’s Trade Triangles for XCDSRD

long term up The long-term trend has been UP since May 31st, 2022 at 7.7530

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2022 at 7.7025

short term up 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).

+70
Smart Scan Analysis for XCDSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.740 8.740 8.740 8.740 0.000
Prev. Close Volume Bid Ask Time
8.740 8.654 8.826 2022-08-11 09:51:20
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