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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

US Dollar/Costa Rican Colon (FOREX:USDCRC)

Strong Downtrend (-100) - USDCRC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDCRC continues to fall. 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
541.67263 541.67263 541.67263 541.67263 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDCRC

long term down The long-term trend has been DOWN since Aug 19th, 2022 at 661.99071

intermediate term down The intermediate-term trend has been DOWN since Mar 3rd, 2023 at 556.09208

short term down The short-term trend has been DOWN since Mar 3rd, 2023 at 557.80735

Smart Scan Analysis for USDCRC

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

-100
Smart Scan Analysis for USDCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
541.67263 541.67263 541.67263 541.67263 0.00000
Prev. Close Volume Bid Ask Time
541.67263 2023-03-28 13:24:48
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