Forex Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
/US Dollar (FOREX:GHSUSD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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 DOWN since May 22nd, 2019 at 0.193255
The short term trend has been UP since Jun 23rd, 2019 at 0.185655
Smart Scan Analysis for GHSUSD
Based on a pre-defined weighted trend formula for chart analysis, GHSUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).