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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Costa Rican Colon/British Pound (FOREX:CRCGBP)

Countertrend Up (+85) - CRCGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_CRCGBP
Open High Low CRCGBP Price Change
0.00160804 0.00161224 0.00160059 0.00160294 -0.00000500
Entry Signal

MarketClub’s Trade Triangles for CRCGBP

long term up The long-term trend has been UP since Sep 14th, 2023 at 0.00150228

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 0.00155076

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 0.00160122

Smart Scan Analysis for CRCGBP

Based on our trend formula, CRCGBP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CRCGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00160804 0.00161224 0.00160059 0.00160294 -0.00000500
Prev. Close Volume Bid Ask Time
0.00160804 2024-04-24 11:45:36
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