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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

/CFA Franc BCEAO (FOREX:GHSXOF)

Countertrend Up (+85) - GHSXOF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_GHSXOF
Open High Low GHSXOF Price Change
39.149925 39.149925 39.149925 39.149925 0.000000
Entry Signal

MarketClub’s Trade Triangles for GHSXOF

long term up The long-term trend has been UP since Nov 19th, 2024 at 38.973145

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2024 at 37.175234

short term up The short-term trend has been UP since Nov 19th, 2024 at 37.731205

Smart Scan Analysis for GHSXOF

Based on our trend formula, GHSXOF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GHSXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.149925 39.149925 39.149925 39.149925 0.000000
Prev. Close Volume Bid Ask Time
39.149925 2024-11-20 19:11:55
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