Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Euro/Somali Shilling (FOREX:EURSOS)
Strong Uptrend (+100) - EURSOS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURSOS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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.
MarketClub’s Trade Triangles for EURSOS
The long-term trend has been UP since Nov 27th, 2020 at 688.7
The intermediate-term trend has been UP since Feb 16th, 2021 at 703.3
The short-term trend has been UP since Feb 25th, 2021 at 703.6
Smart Scan Analysis for EURSOS
Based on our trend formula, EURSOS is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).