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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

British Pound/Costa Rican Colon (FOREX:GBPCRC)

Bear Market Rally (-75) - GBPCRC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPCRC as it may be in the beginning 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.

FOREX_GBPCRC
Open High Low GBPCRC Price Change
693.6847 694.9685 692.9015 694.6068 +0.9221
Entry Signal

MarketClub’s Trade Triangles for GBPCRC

long term down The long-term trend has been DOWN since Mar 12th, 2020 at 718.5790

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 722.7550

short term up The short-term trend has been UP since May 19th, 2020 at 695.4593

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).

-75
Smart Scan Analysis for GBPCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
693.6847 694.9685 692.9015 694.6068 +0.9221
Prev. Close Volume Bid Ask Time
693.6847 694.5669 694.6466 2020-05-25 14:42:24
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