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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

US Dollar/Costa Rican Colon (FOREX:USDCRC)

Sidelines Mode (-50) - USDCRC is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDCRC can gain momentum.

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
528.66439 528.66439 528.66439 528.66439 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDCRC

long term up The long-term trend has been UP since May 29th, 2024 at 517.46527

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2024 at 522.52673

short term down The short-term trend has been DOWN since Jul 26th, 2024 at 528.87474

Smart Scan Analysis for USDCRC

Based on our trend formula, USDCRC is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for USDCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
528.66439 528.66439 528.66439 528.66439 0.00000
Prev. Close Volume Bid Ask Time
528.66439 2024-07-26 07:26:04
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