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Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

British Pound/Costa Rican Colon (FOREX:GBPCRC)

Bull Market Weakness (+75) - GBPCRC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPCRC as it may be in the beginning stages of a reversal.

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
705.9313 712.0515 704.7016 711.5562 +5.6249
Entry Signal

MarketClub’s Trade Triangles for GBPCRC

long term down The long-term trend has been DOWN since Mar 12th, 2020 at 718.5790

intermediate term up The intermediate-term trend has been UP since May 31st, 2020 at 707.4126

short term up The short-term trend has been UP since May 19th, 2020 at 695.4593

Smart Scan Analysis for GBPCRC

Based on our trend formula, GBPCRC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
705.9313 712.0515 704.7016 711.5562 +5.6249
Prev. Close Volume Bid Ask Time
705.9313 711.5220 711.5903 2020-06-01 16:02:19
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