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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Euro/Somali Shilling (FOREX:EURSOS)
Sidelines Mode (+50) - EURSOS is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURSOS can gain momentum.
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 DOWN since Nov 7th, 2024 at 615.9
The intermediate-term trend has been UP since Feb 5th, 2025 at 594.6
The short-term trend has been UP since Feb 16th, 2025 at 593.4
Smart Scan Analysis for EURSOS
Based on our trend formula, EURSOS is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 598.2 | 598.2 | 598.2 | 598.2 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 598.3 | 2025-02-16 21:00:10 |