Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

/CFA Franc BCEAO (FOREX:GHSXOF)

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.

FOREX_GHSXOF
Open High Low GHSXOF Price Change
103.94527 103.94527 103.94527 103.94527 0.00000
Entry Signal

MarketClub’s Trade Triangles for GHSXOF

long term down The long term trend has been DOWN since Oct 31st, 2019 at 106.83000

intermediate term down The intermediate term trend has been DOWN since Nov 19th, 2019 at 106.72388

short term up The short term trend has been UP since Jan 8th, 2020 at 103.12492

Smart Scan Analysis for GHSXOF

Based on a pre-defined weighted trend formula for chart analysis, GHSXOF scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for GHSXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
103.94527 103.94527 103.94527 103.94527 0.00000
Prev. Close Volume Bid Ask Time
103.94527 103.94527 103.94527 2020-01-12 13:08:57
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