Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Costa Rican Colon/US Dollar (FOREX:CRCUSD)
Long-Term Downtrend (-90) - CRCUSD is in a strong downtrend that is likely to continue. While CRCUSD is showing intraday strength, it remains in the confines of a bearish trend. 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 May 18th, 2020 at 0.00175857
The short-term trend has been DOWN since May 18th, 2020 at 0.00176041
Smart Scan Analysis for CRCUSD
Based on our trend formula, CRCUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).