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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Somali Shilling/British Pound (FOREX:SOSGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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_SOSGBP
Open High Low SOSGBP Price Change
0.001325 0.001325 0.001325 0.001325 0.000000
Entry Signal

MarketClub’s Trade Triangles for SOSGBP

long term up The long term trend has been UP since May 1st, 2018 at 0.001250

intermediate term up The intermediate term trend has been UP since Oct 2nd, 2018 at 0.001334

short term down The short term trend has been DOWN since Oct 7th, 2018 at 0.001332

Smart Scan Analysis for SOSGBP

Based on a pre-defined weighted trend formula for chart analysis, SOSGBP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for SOSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001325 0.001325 0.001325 0.001325 0.000000
Prev. Close Volume Bid Ask Time
0.001325 0.001246 0.001405 2018-10-18 21:29:57
Want to analyze Somali Shilling/British Pound SOSGBP or another symbol? Try our Free Forex Trend Analysis Report.