Forex Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
British Pound/Costa Rican Colon (FOREX:GBPCRC)
Strong Uptrend (+100) - GBPCRC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPCRC 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 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.
MarketClub’s Trade Triangles for GBPCRC
The long-term trend has been UP since Jul 24th, 2020 at 742.7549
The intermediate-term trend has been UP since Apr 19th, 2021 at 853.3436
The short-term trend has been UP since Apr 13th, 2021 at 844.2092
Smart Scan Analysis for GBPCRC
Based on our trend formula, GBPCRC is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).