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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
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.
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MarketClub’s Trade Triangles for USDCRC
The long-term trend has been DOWN since Oct 15th, 2024 at 516.18237
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 517.95731
The short-term trend has been DOWN since Nov 18th, 2024 at 509.58543
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 507.87875 | 508.26162 | 507.87875 | 508.26162 | +0.38287 |
| Prev. Close | Volume | Bid | Ask | Time |
| 507.87875 | 2024-11-20 19:11:58 |