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Forex Trend Analysis Report

Prepared for you on Saturday, July 13, 2024.

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
0.28510004 0.29132885 0.28510004 0.29132885 +0.00622900
Entry Signal

MarketClub’s Trade Triangles for XCDGBP

long term down The long-term trend has been DOWN since Jul 10th, 2024 at 0.28775302

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.28870030

short term up The short-term trend has been UP since Jul 13th, 2024 at 0.28934601

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
0.28510004 0.29132885 0.28510004 0.29132885 +0.00622900
Prev. Close Volume Bid Ask Time
0.28510004 2024-07-13 17:49:31
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