Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Euro/Costa Rican Colon (FOREX:EURCRC)
Strong Downtrend (-100) - EURCRC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for EURCRC
The long-term trend has been DOWN since Mar 19th, 2020 at 612.40
The intermediate-term trend has been DOWN since Mar 17th, 2020 at 621.70
The short-term trend has been DOWN since Apr 2nd, 2020 at 633.06
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).