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Forex Trend Analysis Report

Prepared for you on Saturday, September 22, 2018.

Euro/Somali Shilling (FOREX:EURSOS)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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.

FOREX_EURSOS
Open High Low EURSOS Price Change
680.4 680.4 680.4 680.4 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 up The intermediate term trend has been UP since Aug 30th, 2018 at 670.8

short term up The short term trend has been UP since Sep 16th, 2018 at 672.7

Smart Scan Analysis for EURSOS

Based on a pre-defined weighted trend formula for chart analysis, EURSOS scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for EURSOS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
680.4 680.4 680.4 680.4 0.0
Prev. Close Volume Bid Ask Time
680.4 640.4 720.4 2018-09-22 02:37:16
Want to analyze Euro/Somali Shilling EURSOS or another symbol? Try our Free Forex Trend Analysis Report.