Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

US Dollar/Costa Rican Colon (FOREX:USDCRC)

Long-Term Downtrend (-90) - USDCRC is in a strong downtrend that is likely to continue. While USDCRC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
501.28572 501.28572 501.28572 501.28572 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDCRC

long term down The long-term trend has been DOWN since Oct 15th, 2024 at 516.18237

intermediate term down The intermediate-term trend has been DOWN since Jan 14th, 2025 at 505.75159

short term down The short-term trend has been DOWN since Jan 14th, 2025 at 505.75159

Smart Scan Analysis for USDCRC

Based on our trend formula, USDCRC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for USDCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
501.28572 501.28572 501.28572 501.28572 0.00000
Prev. Close Volume Bid Ask Time
502.01299 2025-01-19 11:30:05
Get a free daily analysis and signals for US Dollar/Costa Rican Colon (USDCRC) - Request Your Free Report.