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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.

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FOREX_CRCGBP
Open High Low CRCGBP Price Change
0.00128262 0.00128305 0.00128125 0.00128252 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CRCGBP

long term down The long-term trend has been DOWN since Jul 24th, 2020 at 0.00134634

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2020 at 0.00136658

short term down 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).

-90
Smart Scan Analysis for CRCGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00128262 0.00128305 0.00128125 0.00128252 0.00000000
Prev. Close Volume Bid Ask Time
0.00128262 0.00128246 0.00128257 2020-08-14 03:21:26
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