Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Costa Rican Colon/British Pound (FOREX:CRCGBP)
Bear Market Rally (-75) - CRCGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CRCGBP as it may be in the beginning of a reversal.
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 Dec 15th, 2020 at 0.00122774
The short-term trend has been UP since Feb 25th, 2021 at 0.00116750
Smart Scan Analysis for CRCGBP
Based on our trend formula, CRCGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).