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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.

FOREX_GBPCRC
Open High Low GBPCRC Price Change
863.5198 863.5198 863.5198 863.5198 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPCRC

long term down The long-term trend has been DOWN since Sep 29th, 2021 at 841.6934

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 861.6981

short term up 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).

+60
Smart Scan Analysis for GBPCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
863.5198 863.5198 863.5198 863.5198 0.0000
Prev. Close Volume Bid Ask Time
863.5198 2021-10-17 02:36:42
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