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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Somali Shilling/British Pound (FOREX:SOSGBP)
Long-Term Downtrend (-90) - SOSGBP is in a strong downtrend that is likely to continue. While SOSGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SOSGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOSGBP.
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 SOSGBP
The long-term trend has been DOWN since Mar 9th, 2025 at 0.00137595
The intermediate-term trend has been DOWN since May 22nd, 2025 at 0.00131103
The short-term trend has been DOWN since May 22nd, 2025 at 0.00132184
Smart Scan Analysis for SOSGBP
Based on our trend formula, SOSGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00130159 | 0.00130159 | 0.00130051 | 0.00130070 | -0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00130359 | 2025-05-25 21:00:09 |