Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
/US Dollar (FOREX:GHSUSD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 0.22423500
The intermediate term trend has been UP since Dec 29th, 2019 at 0.17618237
The short term trend has been UP since Jan 8th, 2020 at 0.17551208
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).