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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Somali Shilling/British Pound (FOREX:SOSGBP)
Strong Uptrend (+100) - SOSGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SOSGBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SOSGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOSGBP.
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 SOSGBP
The long-term trend has been UP since Apr 2nd, 2024 at 0.00140042
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00138560
The short-term trend has been UP since May 9th, 2024 at 0.00140443
Smart Scan Analysis for SOSGBP
Based on our trend formula, SOSGBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00141028 | 0.00141028 | 0.00141028 | 0.00141028 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00141028 | 2024-05-09 07:26:26 |