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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

US Dollar/ (FOREX:USDGHS)

Long-Term Downtrend (-90) - USDGHS is in a strong downtrend that is likely to continue. While USDGHS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
14.6413 14.6413 14.6413 14.6413 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDGHS

long term down The long-term trend has been DOWN since Dec 2nd, 2024 at 15.644419

intermediate term down The intermediate-term trend has been DOWN since Nov 15th, 2024 at 16.056486

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 16.400000

Smart Scan Analysis for USDGHS

Based on our trend formula, USDGHS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for USDGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.6413 14.6413 14.6413 14.6413 0.0000
Prev. Close Volume Bid Ask Time
14.6761 2024-12-21 08:23:54
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