Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Costa Rican Colon/US Dollar (FOREX:CRCUSD)
Strong Downtrend (-100) - CRCUSD 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 CRCUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CRCUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CRCUSD
The long-term trend has been DOWN since Mar 31st, 2020 at 0.00173884
The intermediate-term trend has been DOWN since Sep 7th, 2021 at 0.00160766
The short-term trend has been DOWN since Oct 19th, 2021 at 0.00159740
Smart Scan Analysis for CRCUSD
Based on our trend formula, CRCUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).