Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
Costa Rican Colon/US Dollar (FOREX:CRCUSD)
Sidelines Mode (+50) - CRCUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CRCUSD can gain momentum.
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 Feb 14th, 2021 at 0.00163873
The short-term trend has been UP since Feb 18th, 2021 at 0.00163903
Smart Scan Analysis for CRCUSD
Based on our trend formula, CRCUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).