Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Costa Rican Colon/British Pound (FOREX:CRCGBP)
Weak Downtrend (-65) - CRCGBP is showing signs of a strengthening downtrend. Monitor CRCGBP as it may be building momentum to the downside.
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 UP since Sep 29th, 2021 at 0.00118808
The intermediate-term trend has been DOWN since Oct 14th, 2021 at 0.00116050
The short-term trend has been DOWN since Oct 13th, 2021 at 0.00116924
Smart Scan Analysis for CRCGBP
Based on our trend formula, CRCGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).