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Forex Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

US Dollar/Costa Rican Colon (FOREX:USDCRC)

Crossroads (-60) - USDCRC 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 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
580.88974 580.88974 580.88974 580.88974 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 down The intermediate-term trend has been DOWN since Jul 29th, 2020 at 581.53654

short term down The short-term trend has been DOWN since Jul 13th, 2020 at 582.85765

Smart Scan Analysis for USDCRC

Based on our trend formula, USDCRC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
580.88974 580.88974 580.88974 580.88974 0.00000
Prev. Close Volume Bid Ask Time
581.48779 568.97667 592.80280 2020-07-29 04:35:28
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