Forex Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
East Caribbean Dollar/ (FOREX:XCDSRD)
Strong Downtrend (-100) - XCDSRD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for XCDSRD
The long-term trend has been DOWN since Jul 18th, 2018 at 2.751
The intermediate-term trend has been DOWN since Jul 18th, 2018 at 2.751
The short-term trend has been DOWN since Jul 18th, 2018 at 2.751
Smart Scan Analysis for XCDSRD
Based on our trend formula, XCDSRD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).