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Forex Trend Analysis Report

Prepared for you on Tuesday, January 25, 2022.

British Pound/Costa Rican Colon (FOREX:GBPCRC)

Long-Term Downtrend (-90) - GBPCRC is in a strong downtrend that is likely to continue. While GBPCRC 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 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
854.1668 860.9186 852.0237 860.4251 +6.2583
Entry Signal

MarketClub’s Trade Triangles for GBPCRC

long term down The long-term trend has been DOWN since Nov 29th, 2021 at 839.1641

intermediate term down The intermediate-term trend has been DOWN since Jan 21st, 2022 at 860.3815

short term down The short-term trend has been DOWN since Jan 14th, 2022 at 870.4937

Smart Scan Analysis for GBPCRC

Based on our trend formula, GBPCRC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
854.1668 860.9186 852.0237 860.4251 +6.2583
Prev. Close Volume Bid Ask Time
854.1668 2022-01-25 15:31:50
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