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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

East Caribbean Dollar/Surinamese 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, XCDSRD 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.

FOREX_XCDSRD
Open High Low XCDSRD Price Change
12.847 12.847 12.847 12.847 0.000
Entry Signal

MarketClub’s Trade Triangles for XCDSRD

long term down The long-term trend has been DOWN since Nov 10th, 2023 at 14.1365

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2024 at 13.5525

short term down The short-term trend has been DOWN since Jan 19th, 2024 at 13.5525

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).

-100
Smart Scan Analysis for XCDSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.847 12.847 12.847 12.847 0.000
Prev. Close Volume Bid Ask Time
12.847 12.722 12.972 2024-04-19 10:44:07
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