Forex Trend Analysis Report
Prepared for you on Tuesday, October 20, 2020.
Costa Rican Colon/Euro (FOREX:CRCEUR)
Countertrend Down (-85) - CRCEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Jul 2nd, 2020 at 0.00152915
The intermediate-term trend has been DOWN since Jul 2nd, 2020 at 0.00152915
The short-term trend has been UP since Oct 15th, 2020 at 0.00141075
Smart Scan Analysis for CRCEUR
Based on our trend formula, CRCEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).