Forex Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
Costa Rican Colon/British Pound (FOREX:CRCGBP)
Bull Market Weakness (+75) - CRCGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CRCGBP as it may be in the beginning stages of a reversal.
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 UP since Nov 29th, 2021 at 0.00119166
The intermediate-term trend has been UP since Jan 21st, 2022 at 0.00116228
The short-term trend has been DOWN since Jan 26th, 2022 at 0.00116155
Smart Scan Analysis for CRCGBP
Based on our trend formula, CRCGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).