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Forex Trend Analysis Report

Prepared for you on Friday, August 17, 2018.

US Dollar/Costa Rican Colon (FOREX:USDCRC)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
567.385 570.320 567.385 570.320 +2.935
Entry Signal

MarketClub’s Trade Triangles for USDCRC

long term down The long term trend has been DOWN since Jul 22nd, 2018 at 563.835

intermediate term up The intermediate term trend has been UP since Jul 24th, 2018 at 568.180

short term down The short term trend has been DOWN since Aug 13th, 2018 at 566.710

Smart Scan Analysis for USDCRC

Based on a pre-defined weighted trend formula for chart analysis, USDCRC scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
567.385 570.320 567.385 570.320 +2.935
Prev. Close Volume Bid Ask Time
567.385 557.980 582.660 2018-08-14 21:13:20
Want to analyze US Dollar/Costa Rican Colon USDCRC or another symbol? Try our Free Forex Trend Analysis Report.