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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Somali Shilling/British Pound (FOREX:SOSGBP)
Weak Downtrend (-65) - SOSGBP is showing signs of a strengthening downtrend. Monitor SOSGBP as it may be building momentum to the downside.
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 UP since Nov 18th, 2024 at 0.00137971
The intermediate-term trend has been DOWN since Feb 5th, 2025 at 0.00141497
The short-term trend has been DOWN since Feb 16th, 2025 at 0.00141067
Smart Scan Analysis for SOSGBP
Based on our trend formula, SOSGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00140009 | 0.00140009 | 0.00140009 | 0.00140009 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00138988 | 2025-02-16 21:00:10 |