Forex Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
Costa Rican Colon/US Dollar (FOREX:CRCUSD)
Bear Market Rally (-75) - CRCUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CRCUSD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CRCUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CRCUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CRCUSD
The long-term trend has been DOWN since Mar 31st, 2020 at 0.00173884
The intermediate-term trend has been DOWN since Dec 15th, 2020 at 0.00165048
The short-term trend has been UP since Jan 19th, 2021 at 0.00163215
Smart Scan Analysis for CRCUSD
Based on our trend formula, CRCUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).