Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Costa Rican Colon/US Dollar (FOREX:CRCUSD)
Bull Market Weakness (+75) - CRCUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CRCUSD as it may be in the beginning stages of a reversal.
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 UP since Nov 23rd, 2020 at 0.00164408
The short-term trend has been UP since Nov 16th, 2020 at 0.00163372
Smart Scan Analysis for CRCUSD
Based on our trend formula, CRCUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).