Forex Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
Euro/Costa Rican Colon (FOREX:EURCRC)
Sidelines Mode (+50) - EURCRC is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURCRC can gain momentum.
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 Mar 8th, 2021 at 727.73
The intermediate-term trend has been UP since Apr 16th, 2021 at 727.18
The short-term trend has been UP since Apr 6th, 2021 at 720.51
Smart Scan Analysis for EURCRC
Based on our trend formula, EURCRC is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).