Forex Trend Analysis Report
Prepared for you on Thursday, December 12, 2019.
US Dollar/ (FOREX:USDGHS)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 USDGHS
The long term trend has been UP since May 1st, 2018 at 4.50
The intermediate term trend has been UP since Oct 21st, 2019 at 5.47
The short term trend has been UP since Nov 24th, 2019 at 5.59
Smart Scan Analysis for USDGHS
Based on a pre-defined weighted trend formula for chart analysis, USDGHS scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).