Today's GHS to EUR Price Update

Summary

This report provides the real-time exchange rate between the Ghanaian Cedi (GHS) and the Euro (EUR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Euro (EUR) is one of the world’s major fiat currencies, while the Ghanaian Cedi (GHS) represents the currency of Ghana’s economy. The exchange rate between them reflects market sentiment toward Ghana’s economic conditions and the relative strength of the Euro in foreign exchange markets.

Today’s Price

• 1 GHS = 0.0737 EUR
• 24h High: 0.075311 EUR
• 24h Low: 0.07498 EUR
• Current Rate: 0.075157 EUR (as of 2025-12-09)

Market Analysis

The GHS/EUR pair is currently displaying mixed technical signals as of the latest market cycle through 2025-12-09.

• Technical indicators: The 5-day moving average stands at 0.0750, suggesting a Buy signal. However, the 14-day RSI at 31.360 indicates an Oversold condition, signaling a potential Sell pressure. The Ultimate Oscillator reading of 83.266 suggests the pair is Overbought.

• Risk note: The conflicting technical signals between moving averages and momentum oscillators suggest elevated volatility. Forecasts indicate a potential -5.52% decline in the coming month, with the rate projected to move toward 0.07118 EUR.

• Trading opportunities: Monitor the key support level at 0.075 EUR. Watch for potential mean reversion trades given the overbought conditions, while remaining cautious of downside breakouts below recent support levels.

Conclusion

Continue to monitor the GHS/EUR pair closely, balancing the bullish moving average signals against bearish momentum indicators. Traders should exercise caution given the conflicting technical signals and the forecasted downside pressure in the near term.