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.
MarketClub’s Trade Triangles for USDGHS
The long-term trend has been UP since Oct 5th, 2023 at 11.62500
The intermediate-term trend has been UP since Nov 21st, 2023 at 11.95559
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).