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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

/CFA Franc BCEAO (FOREX:GHSXOF)

Countertrend Down (-85) - GHSXOF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
40.73761 40.73761 40.73761 40.73761 0.00000
Entry Signal

MarketClub’s Trade Triangles for GHSXOF

long term down The long-term trend has been DOWN since Nov 10th, 2023 at 52.217561

intermediate term down The intermediate-term trend has been DOWN since Jan 26th, 2024 at 49.494982

short term up The short-term trend has been UP since Jun 10th, 2024 at 40.506175

Smart Scan Analysis for GHSXOF

Based on our trend formula, GHSXOF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GHSXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.73761 40.73761 40.73761 40.73761 0.00000
Prev. Close Volume Bid Ask Time
40.73761 2024-06-15 17:06:47
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