Forex Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
British Pound/Costa Rican Colon (FOREX:GBPCRC)
Weak Downtrend (-65) - GBPCRC is showing signs of a strengthening downtrend. Monitor GBPCRC as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPCRC?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCRC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPCRC
The long-term trend has been DOWN since Sep 14th, 2023 at 665.65720
The intermediate-term trend has been UP since Nov 6th, 2023 at 657.26680
The short-term trend has been DOWN since Dec 4th, 2023 at 667.77461
Smart Scan Analysis for GBPCRC
Based on our trend formula, GBPCRC is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).