Forex Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
East Caribbean Dollar/British Pound (FOREX:XCDGBP)
Strong Downtrend (-100) - XCDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for XCDGBP
The long-term trend has been DOWN since Jul 26th, 2020 at 0.28891492
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 0.26584902
The short-term trend has been DOWN since Apr 14th, 2021 at 0.26861500
Smart Scan Analysis for XCDGBP
Based on our trend formula, XCDGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).