Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
/CFA Franc BCEAO (FOREX:GHSXOF)
Weak Downtrend (-65) - GHSXOF is showing signs of a strengthening downtrend. Monitor GHSXOF as it may be building momentum to the downside.
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 DOWN since May 31st, 2021 at 92.94072
The intermediate-term trend has been UP since Oct 1st, 2021 at 92.86440
The short-term trend has been DOWN since Oct 20th, 2021 at 93.46913
Smart Scan Analysis for GHSXOF
Based on our trend formula, GHSXOF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).