Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, February 4, 2025.

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
3.3537055 3.3756979 3.3466661 3.3718232 +0.0181180
Entry Signal

MarketClub’s Trade Triangles for GBPXCD

long term down The long-term trend has been DOWN since Nov 14th, 2024 at 3.4229858

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 3.3715918

short term up The short-term trend has been UP since Feb 4th, 2025 at 3.3693010

Smart Scan Analysis for GBPXCD

Based on our trend formula, GBPXCD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPXCD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.3537055 3.3756979 3.3466661 3.3718232 +0.0181180
Prev. Close Volume Bid Ask Time
3.3537055 2025-02-04 23:02:03
Get a free daily analysis and signals for British Pound/East Caribbean Dollar (GBPXCD) - Request Your Free Report.