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Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

Euro/Costa Rican Colon (FOREX:EURCRC)

Long-Term Downtrend (-90) - EURCRC is in a strong downtrend that is likely to continue. While EURCRC 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 EURCRC?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURCRC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURCRC
Open High Low EURCRC Price Change
712.63 712.63 712.63 712.63 0.00
Entry Signal

MarketClub’s Trade Triangles for EURCRC

long term down The long-term trend has been DOWN since Nov 29th, 2021 at 722.19

intermediate term down The intermediate-term trend has been DOWN since Nov 17th, 2021 at 730.02

short term down The short-term trend has been DOWN since Nov 11th, 2021 at 741.06

Smart Scan Analysis for EURCRC

Based on our trend formula, EURCRC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
712.63 712.63 712.63 712.63 0.00
Prev. Close Volume Bid Ask Time
712.63 2021-11-30 07:19:14
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