Forex Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Euro/Costa Rican Colon (FOREX:EURCRC)
Crossroads (-60) - EURCRC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURCRC?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCRC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURCRC
The long-term trend has been DOWN since Aug 9th, 2021 at 729.77
The intermediate-term trend has been UP since Oct 18th, 2021 at 727.42
The short-term trend has been UP since Oct 19th, 2021 at 728.05
Smart Scan Analysis for EURCRC
Based on our trend formula, EURCRC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).