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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

British Pound/Costa Rican Colon (FOREX:GBPCRC)

Countertrend Down (-85) - GBPCRC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid GBPCRC?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCRC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPCRC
Open High Low GBPCRC Price Change
622.94343 625.33255 622.72359 623.55151 +0.60808
Entry Signal

MarketClub’s Trade Triangles for GBPCRC

long term down The long-term trend has been DOWN since Sep 14th, 2023 at 665.65720

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 644.84473

short term up The short-term trend has been UP since Apr 11th, 2024 at 646.49578

Smart Scan Analysis for GBPCRC

Based on our trend formula, GBPCRC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
622.94343 625.33255 622.72359 623.55151 +0.60808
Prev. Close Volume Bid Ask Time
622.94343 2024-04-18 10:12:18
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