Forex Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
Costa Rican Colon/British Pound (FOREX:CRCGBP)
Strong Downtrend (-100) - CRCGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CRCGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CRCGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CRCGBP
The long-term trend has been DOWN since Jul 24th, 2020 at 0.00134634
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 0.00117186
The short-term trend has been DOWN since Apr 13th, 2021 at 0.00118467
Smart Scan Analysis for CRCGBP
Based on our trend formula, CRCGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).