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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

East Caribbean Dollar/British Pound (FOREX:XCDGBP)

Crossroads (+60) - XCDGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_XCDGBP
Open High Low XCDGBP Price Change
0.29508519 0.29566984 0.29490573 0.29556438 +0.00047900
Entry Signal

MarketClub’s Trade Triangles for XCDGBP

long term up The long-term trend has been UP since Nov 14th, 2024 at 0.29215084

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 0.28892787

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 0.29397197

Smart Scan Analysis for XCDGBP

Based on our trend formula, XCDGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for XCDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.29508519 0.29566984 0.29490573 0.29556438 +0.00047900
Prev. Close Volume Bid Ask Time
0.29508519 2024-12-26 08:07:49
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