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Forex Trend Analysis Report

Prepared for you on Tuesday, May 26, 2020.

East Caribbean Dollar/British Pound (FOREX:XCDGBP)

Sidelines Mode (+55) - XCDGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.30288545 0.30297611 0.29968839 0.29976239 -0.00312300
Entry Signal

MarketClub’s Trade Triangles for XCDGBP

long term up The long-term trend has been UP since Feb 28th, 2020 at 0.28980854

intermediate term up The intermediate-term trend has been UP since May 12th, 2020 at 0.30194742

short term down The short-term trend has been DOWN since May 26th, 2020 at 0.30275779

Smart Scan Analysis for XCDGBP

Based on our trend formula, XCDGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for XCDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.30288545 0.30297611 0.29968839 0.29976239 -0.00312300
Prev. Close Volume Bid Ask Time
0.30288545 0.29817071 0.30135407 2020-05-26 08:57:17
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