Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

British Pound/East Caribbean Dollar (FOREX:GBPXCD)

Weak Downtrend (-65) - GBPXCD is showing signs of a strengthening downtrend. Monitor GBPXCD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid GBPXCD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPXCD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPXCD
Open High Low GBPXCD Price Change
3.502775 3.502775 3.502775 3.502775 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPXCD

long term up The long-term trend has been UP since Jul 10th, 2024 at 3.4753004

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 3.5325835

short term down The short-term trend has been DOWN since Oct 16th, 2024 at 3.5216966

Smart Scan Analysis for GBPXCD

Based on our trend formula, GBPXCD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPXCD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.502775 3.502775 3.502775 3.502775 0.000000
Prev. Close Volume Bid Ask Time
3.502775 2024-10-26 04:48:31
Get a free daily analysis and signals for British Pound/East Caribbean Dollar (GBPXCD) - Request Your Free Report.