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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/Somali Shilling (FOREX:GBPSOS)
Sidelines Mode (+50) - GBPSOS is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPSOS can gain 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.
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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 Feb 5th, 2025 at 709.9481
The short-term trend has been UP since Feb 16th, 2025 at 712.1213
Smart Scan Analysis for GBPSOS
Based on our trend formula, GBPSOS is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 717.4468 | 717.4468 | 717.4468 | 717.4468 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 722.7155 | 2025-02-16 21:00:10 |