Forex Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
British Pound/Costa Rican Colon (FOREX:GBPCRC)
Sidelines Mode (+55) - GBPCRC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Jul 24th, 2020 at 742.7549
The intermediate-term trend has been UP since Sep 3rd, 2021 at 865.3208
The short-term trend has been DOWN since Sep 14th, 2021 at 862.3635
Smart Scan Analysis for GBPCRC
Based on our trend formula, GBPCRC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).