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Forex Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

US Dollar/Costa Rican Colon (FOREX:USDCRC)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_USDCRC
Open High Low USDCRC Price Change
567.315 567.315 567.315 567.315 0.000
Entry Signal

MarketClub’s Trade Triangles for USDCRC

long term down The long term trend has been DOWN since Apr 1st, 2018 at 567.390

intermediate term down The intermediate term trend has been DOWN since May 30th, 2018 at 565.395

short term down The short term trend has been DOWN since Jun 10th, 2018 at 567.610

Smart Scan Analysis for USDCRC

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

-100
Smart Scan Analysis for USDCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
567.315 567.315 567.315 567.315 0.000
Prev. Close Volume Bid Ask Time
567.315 555.240 579.390 2018-06-17 21:06:12
Want to analyze US Dollar/Costa Rican Colon USDCRC or another symbol? Try our Free Forex Trend Analysis Report.