Forex Trend Analysis Report
Prepared for you on Tuesday, August 4, 2020.
US Dollar/ (FOREX:USDGHS)
Weak Downtrend (-65) - USDGHS is showing signs of a strengthening downtrend. Monitor USDGHS as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDGHS?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDGHS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDGHS
The long-term trend has been UP since Apr 1st, 2020 at 5.7450000
The intermediate-term trend has been DOWN since Jul 10th, 2020 at 5.7685363
The short-term trend has been DOWN since Jul 29th, 2020 at 5.7800000
Smart Scan Analysis for USDGHS
Based on our trend formula, USDGHS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).