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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

/CFA Franc BCEAO (FOREX:GHSXOF)

Strong Downtrend (-100) - GHSXOF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GHSXOF continues to fall. Traders should use caution and set stops.

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
69.05247 69.05247 69.05247 69.05247 0.00000
Entry Signal

MarketClub’s Trade Triangles for GHSXOF

long term down The long-term trend has been DOWN since Jan 13th, 2022 at 92.51209

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2022 at 79.49067

short term down The short-term trend has been DOWN since Aug 1st, 2022 at 79.49067

Smart Scan Analysis for GHSXOF

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

-100
Smart Scan Analysis for GHSXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.05247 69.05247 69.05247 69.05247 0.00000
Prev. Close Volume Bid Ask Time
69.05247 2022-08-16 07:16:45
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