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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

US Dollar/Costa Rican Colon (FOREX:USDCRC)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_USDCRC
Open High Low USDCRC Price Change
601.59 601.59 601.59 601.59 0.00
Entry Signal

MarketClub’s Trade Triangles for USDCRC

long term up The long term trend has been UP since Aug 31st, 2018 at 571.115

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2018 at 599.965

short term down The short term trend has been DOWN since Dec 2nd, 2018 at 601.440

Smart Scan Analysis for USDCRC

Based on a pre-defined weighted trend formula for chart analysis, USDCRC scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for USDCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
601.59 601.59 601.59 601.59 0.00
Prev. Close Volume Bid Ask Time
601.59 589.23 613.95 2018-12-11 20:59:14
Want to analyze US Dollar/Costa Rican Colon USDCRC or another symbol? Try our Free Forex Trend Analysis Report.