Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
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 DOWN since Nov 29th, 2021 at 839.1641
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 837.8903
The short-term trend has been UP since Jun 24th, 2022 at 850.0660
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).