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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Euro/Costa Rican Colon (FOREX:EURCRC)
Long-Term Downtrend (-90) - EURCRC is in a strong downtrend that is likely to continue. While EURCRC 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 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.
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MarketClub’s Trade Triangles for EURCRC
The long-term trend has been DOWN since Oct 15th, 2024 at 562.4
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 576.9
The short-term trend has been DOWN since Dec 2nd, 2024 at 534.8
Smart Scan Analysis for EURCRC
Based on our trend formula, EURCRC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 524.3 | 524.3 | 524.3 | 524.3 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 527.8 | 2024-12-21 08:23:57 |