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Forex Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
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 Nov 11th, 2022 at 582.2
The intermediate-term trend has been DOWN since Feb 9th, 2023 at 614.8
The short-term trend has been DOWN since Mar 8th, 2023 at 603.4
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 |
|---|---|---|---|---|
| 604.3 | 604.3 | 604.3 | 604.3 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 604.3 | 2023-03-18 03:55:54 |
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