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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Somali Shilling/British Pound (FOREX:SOSGBP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_SOSGBP
Open High Low SOSGBP Price Change
0.00132853 0.00132853 0.00132853 0.00132853 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SOSGBP

long term down The long term trend has been DOWN since Oct 17th, 2019 at 0.00136700

intermediate term up The intermediate term trend has been UP since Jan 20th, 2020 at 0.00132968

short term up The short term trend has been UP since Jan 3rd, 2020 at 0.00132488

Smart Scan Analysis for SOSGBP

Based on a pre-defined weighted trend formula for chart analysis, SOSGBP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SOSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00132853 0.00132853 0.00132853 0.00132853 0.00000000
Prev. Close Volume Bid Ask Time
0.00132853 0.00124582 0.00141125 2020-01-21 07:17:52
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