Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
British Pound/Somali Shilling (FOREX:GBPSOS)
Strong Uptrend (+100) - GBPSOS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPSOS 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 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.
MarketClub’s Trade Triangles for GBPSOS
The long-term trend has been UP since Jul 9th, 2020 at 731.1576
The intermediate-term trend has been UP since Oct 13th, 2020 at 748.0391
The short-term trend has been UP since Feb 8th, 2021 at 791.7738
Smart Scan Analysis for GBPSOS
Based on our trend formula, GBPSOS is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).