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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

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
629.1783 629.1783 629.1783 629.1783 0.0000
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 Sep 7th, 2021 at 622.24829

short term up The short-term trend has been UP since Oct 19th, 2021 at 626.24994

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
629.1783 629.1783 629.1783 629.1783 0.0000
Prev. Close Volume Bid Ask Time
629.1783 2021-10-25 07:22:32
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