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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

British Pound/Costa Rican Colon (FOREX:GBPCRC)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPCRC
Open High Low GBPCRC Price Change
771.27 771.27 771.27 771.27 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPCRC

long term up The long term trend has been UP since Oct 9th, 2018 at 769.325

intermediate term up The intermediate term trend has been UP since Dec 30th, 2018 at 764.760

short term down The short term trend has been DOWN since Jan 15th, 2019 at 771.945

Smart Scan Analysis for GBPCRC

Based on a pre-defined weighted trend formula for chart analysis, GBPCRC scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for GBPCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
771.27 771.27 771.27 771.27 0.00
Prev. Close Volume Bid Ask Time
771.27 771.21 771.33 2019-01-19 03:58:17
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