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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for GBPCRC
The long-term trend has been DOWN since Oct 31st, 2024 at 659.67724
The intermediate-term trend has been DOWN since Oct 8th, 2024 at 678.27890
The short-term trend has been DOWN since Nov 11th, 2024 at 659.23539
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 642.65157 | 643.94824 | 642.40085 | 642.93015 | +0.27858 |
| Prev. Close | Volume | Bid | Ask | Time |
| 642.65157 | 2024-11-20 03:25:02 |