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Forex Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

US Dollar/ (FOREX:USDGHS)

Countertrend Up (+85) - USDGHS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_USDGHS
Open High Low USDGHS Price Change
12.019903 12.020071 12.019903 12.020071 +0.000168
Entry Signal

MarketClub’s Trade Triangles for USDGHS

long term up The long-term trend has been UP since Oct 5th, 2023 at 11.62500

intermediate term up The intermediate-term trend has been UP since Nov 21st, 2023 at 11.95559

short term down The short-term trend has been DOWN since Dec 4th, 2023 at 12.00500

Smart Scan Analysis for USDGHS

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

+85
Smart Scan Analysis for USDGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.019903 12.020071 12.019903 12.020071 +0.000168
Prev. Close Volume Bid Ask Time
12.019903 2023-12-05 21:38:48
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