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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

/CFA Franc BCEAO (FOREX:GHSXOF)

Strong Downtrend (-100) - GHSXOF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GHSXOF continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GHSXOF?

MarketClub looks at technical strength and momentum to determine if the timing is right for GHSXOF.

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FOREX_GHSXOF
Open High Low GHSXOF Price Change
45.922501 45.922501 45.922501 45.922501 0.000000
Entry Signal

MarketClub’s Trade Triangles for GHSXOF

long term down The long-term trend has been DOWN since Nov 10th, 2023 at 52.217561

intermediate term down The intermediate-term trend has been DOWN since Jan 26th, 2024 at 49.494982

short term down The short-term trend has been DOWN since Feb 16th, 2024 at 48.981257

Smart Scan Analysis for GHSXOF

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

-100
Smart Scan Analysis for GHSXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.922501 45.922501 45.922501 45.922501 0.000000
Prev. Close Volume Bid Ask Time
45.922501 2024-03-28 02:42:09
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