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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Euro/Somali Shilling (FOREX:EURSOS)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

Open High Low EURSOS Price Change
658.3 658.3 658.3 658.3 0.0
Entry Signal

MarketClub’s Trade Triangles for EURSOS

long term down The long term trend has been DOWN since May 1st, 2018 at 705.9

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2018 at 670.2

short term up The short term trend has been UP since Dec 4th, 2018 at 657.8

Smart Scan Analysis for EURSOS

Based on a pre-defined weighted trend formula for chart analysis, EURSOS scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURSOS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
658.3 658.3 658.3 658.3 0.0
Prev. Close Volume Bid Ask Time
658.3 618.3 698.3 2018-12-13 20:57:24
Want to analyze Euro/Somali Shilling EURSOS or another symbol? Try our Free Forex Trend Analysis Report.