Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
British Pound/Costa Rican Colon (FOREX:GBPCRC)
Bull Market Weakness (+75) - GBPCRC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPCRC as it may be in the beginning stages of a reversal.
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 Dec 15th, 2020 at 814.5054
The short-term trend has been DOWN since Feb 25th, 2021 at 856.5332
Smart Scan Analysis for GBPCRC
Based on our trend formula, GBPCRC is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).