Forex Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
East Caribbean Dollar/Surinamese Dollar (FOREX:XCDSRD)
Weak Downtrend (-65) - XCDSRD is showing signs of a strengthening downtrend. Monitor XCDSRD as it may be building momentum to the downside.
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 Sep 28th, 2022 at 10.1345
The intermediate-term trend has been DOWN since Sep 12th, 2023 at 14.2655
The short-term trend has been DOWN since Sep 12th, 2023 at 14.2655
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).