Forex Trend Analysis Report
Prepared for you on Wednesday, December 19, 2018.
US Dollar/ (FOREX:USDGHS)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 USDGHS
The long term trend has been UP since May 1st, 2018 at 4.50000
The intermediate term trend has been UP since Nov 15th, 2018 at 4.90170
The short term trend has been DOWN since Dec 13th, 2018 at 4.86705
Smart Scan Analysis for USDGHS
Based on a pre-defined weighted trend formula for chart analysis, USDGHS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).