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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

East Caribbean Dollar/Surinamese Dollar (FOREX:XCDSRD)

Countertrend Down (-85) - XCDSRD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_XCDSRD
Open High Low XCDSRD Price Change
7.856 7.856 7.856 7.856 0.000
Entry Signal

MarketClub’s Trade Triangles for XCDSRD

long term down The long-term trend has been DOWN since Dec 24th, 2021 at 7.9320

intermediate term down The intermediate-term trend has been DOWN since Dec 21st, 2021 at 8.0115

short term up The short-term trend has been UP since Jan 5th, 2022 at 7.4805

Smart Scan Analysis for XCDSRD

Based on our trend formula, XCDSRD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for XCDSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.856 7.856 7.856 7.856 0.000
Prev. Close Volume Bid Ask Time
7.856 7.779 7.933 2022-01-21 09:16:13
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