Forex Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
/US Dollar (FOREX:GHSUSD)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GHSUSD
The long term trend has been DOWN since May 1st, 2018 at 0.224235
The intermediate term trend has been UP since Sep 13th, 2019 at 0.183665
The short term trend has been UP since Sep 13th, 2019 at 0.182830
Smart Scan Analysis for GHSUSD
Based on a pre-defined weighted trend formula for chart analysis, GHSUSD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).