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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

British Pound/Costa Rican Colon (FOREX:GBPCRC)

Countertrend Up (+85) - GBPCRC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
680.0279 680.7083 679.3628 680.0818 +0.0539
Entry Signal

MarketClub’s Trade Triangles for GBPCRC

long term up The long-term trend has been UP since May 29th, 2024 at 659.16999

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2024 at 673.31640

short term down The short-term trend has been DOWN since Jul 26th, 2024 at 679.50990

Smart Scan Analysis for GBPCRC

Based on our trend formula, GBPCRC is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for GBPCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
680.0279 680.7083 679.3628 680.0818 +0.0539
Prev. Close Volume Bid Ask Time
680.0279 2024-07-26 20:11:03
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