Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
British Pound/Costa Rican Colon (FOREX:GBPCRC)
Crossroads (+60) - GBPCRC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Sep 29th, 2021 at 841.6934
The intermediate-term trend has been UP since Oct 14th, 2021 at 861.6981
The short-term trend has been UP since Oct 13th, 2021 at 855.2707
Smart Scan Analysis for GBPCRC
Based on our trend formula, GBPCRC is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).