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Forex Trend Analysis Report
Prepared for you on Thursday, December 12, 2024.
British Pound/Somali Shilling (FOREX:GBPSOS)
Crossroads (-60) - GBPSOS 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 GBPSOS?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSOS.
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 GBPSOS
The long-term trend has been DOWN since Nov 18th, 2024 at 727.8354
The intermediate-term trend has been UP since Dec 4th, 2024 at 723.7647
The short-term trend has been UP since Dec 4th, 2024 at 723.7647
Smart Scan Analysis for GBPSOS
Based on our trend formula, GBPSOS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 729.9667 | 729.9667 | 729.4906 | 729.4906 | -0.4761 |
| Prev. Close | Volume | Bid | Ask | Time |
| 729.5642 | 2024-12-09 18:36:58 |