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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

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
612.73054 617.34044 610.74267 617.20239 +4.47185
Entry Signal

MarketClub’s Trade Triangles for GBPCRC

long term down The long-term trend has been DOWN since Oct 31st, 2024 at 659.67724

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2024 at 678.27890

short term up The short-term trend has been UP since Jan 20th, 2025 at 615.73574

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
612.73054 617.34044 610.74267 617.20239 +4.47185
Prev. Close Volume Bid Ask Time
612.73054 2025-01-20 09:35:32
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