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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Somali Shilling (FOREX:EURSOS)
Crossroads (+60) - EURSOS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURSOS?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSOS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURSOS
The long-term trend has been DOWN since Apr 2nd, 2024 at 614.6
The intermediate-term trend has been UP since May 8th, 2024 at 614.0
The short-term trend has been UP since May 3rd, 2024 at 613.1
Smart Scan Analysis for EURSOS
Based on our trend formula, EURSOS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 614.3 | 614.3 | 614.3 | 614.3 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 614.3 | 2024-05-08 21:02:50 |