Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
/CFA Franc BCEAO (FOREX:GHSXOF)
Crossroads (+60) - GHSXOF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GHSXOF
The long-term trend has been DOWN since May 4th, 2020 at 103.65126
The intermediate-term trend has been UP since Jan 13th, 2021 at 91.69351
The short-term trend has been UP since Feb 18th, 2021 at 93.33613
Smart Scan Analysis for GHSXOF
Based on our trend formula, GHSXOF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).