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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.

FOREX_GHSXOF
Open High Low GHSXOF Price Change
53.766967 53.766967 53.766967 53.766967 0.000000
Entry Signal

MarketClub’s Trade Triangles for GHSXOF

long term up The long-term trend has been UP since Dec 20th, 2022 at 66.776985

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2023 at 53.657014

short term up 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).

+70
Smart Scan Analysis for GHSXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.766967 53.766967 53.766967 53.766967 0.000000
Prev. Close Volume Bid Ask Time
53.325502 2023-09-28 07:28:00
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