Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPCRC
The long-term trend has been DOWN since Sep 14th, 2023 at 665.65720
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 644.84473
The short-term trend has been UP since Apr 11th, 2024 at 646.49578
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 624.71969 | 626.16497 | 622.69590 | 623.02880 | -1.69089 |
| Prev. Close | Volume | Bid | Ask | Time |
| 624.71969 | 2024-04-16 11:02:05 |