Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Euro/Costa Rican Colon (FOREX:EURCRC)
Strong Uptrend (+100) - EURCRC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURCRC continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jun 5th, 2020 at 650.19
The intermediate-term trend has been UP since Dec 2nd, 2020 at 726.90
The short-term trend has been UP since Nov 27th, 2020 at 717.81
Smart Scan Analysis for EURCRC
Based on our trend formula, EURCRC is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).