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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

British Pound/Costa Rican Colon (FOREX:GBPCRC)

Countertrend Down (-85) - GBPCRC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
635.67418 636.09240 634.88082 635.30158 -0.37260
Entry Signal

MarketClub’s Trade Triangles for GBPCRC

long term down The long-term trend has been DOWN since Oct 31st, 2024 at 659.67724

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2024 at 678.27890

short term up The short-term trend has been UP since Dec 24th, 2024 at 637.64388

Smart Scan Analysis for GBPCRC

Based on our trend formula, GBPCRC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
635.67418 636.09240 634.88082 635.30158 -0.37260
Prev. Close Volume Bid Ask Time
635.67418 2024-12-26 05:33:25
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