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Forex Trend Analysis Report

Prepared for you on Friday, October 11, 2024.

Euro/Somali Shilling (FOREX:EURSOS)

Weak Downtrend (-65) - EURSOS is showing signs of a strengthening downtrend. Monitor EURSOS as it may be building momentum to the downside.

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.

FOREX_EURSOS
Open High Low EURSOS Price Change
625.2 625.2 625.2 625.2 0.0
Entry Signal

MarketClub’s Trade Triangles for EURSOS

long term up The long-term trend has been UP since Jul 15th, 2024 at 622.3

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 635.6

short term down The short-term trend has been DOWN since Oct 2nd, 2024 at 637.7

Smart Scan Analysis for EURSOS

Based on our trend formula, EURSOS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURSOS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
625.2 625.2 625.2 625.2 0.0
Prev. Close Volume Bid Ask Time
625.2 2024-10-10 07:25:31
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