Changing Shell Text Color (Windows)

I'm looking for a way to change the color of the text output from my python scripts as it runs. The basic idea is something like this:

if (Data < LowerLimit):
    print "Failed" # Output Failed as Red Text
elif (Data > UpperLimit):
    print "Failed" # Red Color
else:
    print "Passed" # Blue Color

The scripts are being used on windows machines for quick data analysis.