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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

US Dollar/Costa Rican Colon (FOREX:USDCRC)

Countertrend Up (+85) - USDCRC 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 USDCRC?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDCRC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDCRC
Open High Low USDCRC Price Change
578.74480 578.74480 578.74480 578.74480 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDCRC

long term up The long-term trend has been UP since Mar 31st, 2020 at 575.38150

intermediate term up The intermediate-term trend has been UP since Mar 31st, 2020 at 572.38639

short term up The short-term trend has been UP since Mar 29th, 2020 at 564.03792

Smart Scan Analysis for USDCRC

Based on our trend formula, USDCRC is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
578.74480 578.74480 578.74480 578.74480 0.00000
Prev. Close Volume Bid Ask Time
578.74480 565.94597 591.54363 2020-04-01 07:17:57
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