Forex Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
Euro/Costa Rican Colon (FOREX:EURCRC)
Strong Downtrend (-100) - EURCRC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for EURCRC
The long-term trend has been DOWN since Nov 28th, 2019 at 625.63
The intermediate-term trend has been DOWN since Feb 14th, 2020 at 622.14
The short-term trend has been DOWN since Feb 11th, 2020 at 626.14
Smart Scan Analysis for EURCRC
Based on our trend formula, EURCRC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).