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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Euro/Somali Shilling (FOREX:EURSOS)

Crossroads (-60) - EURSOS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
635.5 635.5 635.5 635.5 0.0
Entry Signal

MarketClub’s Trade Triangles for EURSOS

long term down The long-term trend has been DOWN since Mar 23rd, 2020 at 624.6

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 632.4

short term up The short-term trend has been UP since May 20th, 2020 at 628.6

Smart Scan Analysis for EURSOS

Based on our trend formula, EURSOS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURSOS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
635.5 635.5 635.5 635.5 0.0
Prev. Close Volume Bid Ask Time
630.8 595.5 675.5 2020-05-21 21:08:21
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