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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.

FOREX_GBPCRC
Open High Low GBPCRC Price Change
662.83629 663.50460 662.14958 663.43851 +0.60222
Entry Signal

MarketClub’s Trade Triangles for GBPCRC

long term down The long-term trend has been DOWN since Sep 14th, 2023 at 665.65720

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2023 at 657.26680

short term down 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).

-65
Smart Scan Analysis for GBPCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
662.83629 663.50460 662.14958 663.43851 +0.60222
Prev. Close Volume Bid Ask Time
662.83629 2023-12-10 18:12:33
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