Forex Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
/CFA Franc BCEAO (FOREX:GHSXOF)
Bull Market Weakness (+75) - GHSXOF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GHSXOF as it may be in the beginning stages of a reversal.
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 UP since Dec 20th, 2022 at 66.776985
The intermediate-term trend has been UP since Sep 28th, 2023 at 53.657014
The short-term trend has been UP since Sep 28th, 2023 at 53.516929
Smart Scan Analysis for GHSXOF
Based on our trend formula, GHSXOF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).