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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

British Pound/Costa Rican Colon (FOREX:GBPCRC)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low GBPCRC Price Change
792.78 792.84 784.76 789.86 -2.92
Entry Signal

MarketClub’s Trade Triangles for GBPCRC

long term up The long term trend has been UP since Oct 9th, 2018 at 769.325

intermediate term down The intermediate term trend has been DOWN since Mar 20th, 2019 at 786.155

short term down The short term trend has been DOWN since Mar 18th, 2019 at 795.810

Smart Scan Analysis for GBPCRC

Based on a pre-defined weighted trend formula for chart analysis, GBPCRC scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
792.78 792.84 784.76 789.86 -2.92
Prev. Close Volume Bid Ask Time
792.78 789.83 789.89 2019-03-20 15:59:57
Want to analyze British Pound/Costa Rican Colon GBPCRC or another symbol? Try our Free Forex Trend Analysis Report.