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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

British Pound/Costa Rican Colon (FOREX:GBPCRC)

Bear Market Rally (-75) - GBPCRC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPCRC as it may be in the beginning of a reversal.

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
649.21828 649.43774 648.29196 648.64922 -0.56906
Entry Signal

MarketClub’s Trade Triangles for GBPCRC

long term down The long-term trend has been DOWN since Sep 14th, 2023 at 665.65720

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 655.66258

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 652.46958

Smart Scan Analysis for GBPCRC

Based on our trend formula, GBPCRC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPCRC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
649.21828 649.43774 648.29196 648.64922 -0.56906
Prev. Close Volume Bid Ask Time
649.21828 2024-03-19 02:31:47
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