Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
US Dollar/Costa Rican Colon (FOREX:USDCRC)
Weak Downtrend (-65) - USDCRC is showing signs of a strengthening downtrend. Monitor USDCRC as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for USDCRC
The long-term trend has been UP since Mar 31st, 2020 at 575.38150
The intermediate-term trend has been DOWN since Feb 14th, 2021 at 610.45138
The short-term trend has been DOWN since Feb 18th, 2021 at 610.33483
Smart Scan Analysis for USDCRC
Based on our trend formula, USDCRC is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).