Forex Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
/US Dollar (FOREX:GHSUSD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GHSUSD
The long term trend has been DOWN since May 1st, 2018 at 0.224235
The intermediate term trend has been DOWN since Nov 20th, 2018 at 0.204215
The short term trend has been DOWN since Dec 9th, 2018 at 0.206500
Smart Scan Analysis for GHSUSD
Based on a pre-defined weighted trend formula for chart analysis, GHSUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).