Forex Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
Costa Rican Colon/British Pound (FOREX:CRCGBP)
Long-Term Downtrend (-90) - CRCGBP is in a strong downtrend that is likely to continue. While CRCGBP 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 CRCGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CRCGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CRCGBP
The long-term trend has been DOWN since Jul 24th, 2020 at 0.00134634
The intermediate-term trend has been DOWN since Jul 7th, 2020 at 0.00136658
The short-term trend has been DOWN since Jul 20th, 2020 at 0.00136156
Smart Scan Analysis for CRCGBP
Based on our trend formula, CRCGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).