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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.
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MarketClub’s Trade Triangles for EURSOS
The long-term trend has been UP since Jul 15th, 2024 at 622.3
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 635.6
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
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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