Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Costa Rican Colon/British Pound (FOREX:CRCGBP)
Sidelines Mode (+55) - CRCGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Oct 16th, 2019 at 0.00134900
The intermediate-term trend has been UP since Jan 19th, 2020 at 0.00136487
The short-term trend has been DOWN since Feb 21st, 2020 at 0.00135341
Smart Scan Analysis for CRCGBP
Based on our trend formula, CRCGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).