Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Costa Rican Colon/Euro (FOREX:CRCEUR)
Sidelines Mode (+50) - CRCEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CRCEUR can gain momentum.
Is it time to buy, sell, or avoid CRCEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CRCEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CRCEUR
The long-term trend has been DOWN since Jun 3rd, 2022 at 0.00137014
The intermediate-term trend has been UP since Jun 17th, 2022 at 0.00138426
The short-term trend has been UP since Jun 29th, 2022 at 0.00138504
Smart Scan Analysis for CRCEUR
Based on our trend formula, CRCEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).