Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Somali Shilling/British Pound (FOREX:SOSGBP)
Bull Market Weakness (+75) - SOSGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SOSGBP as it may be in the beginning stages of a reversal.
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 UP since Dec 29th, 2024 at 0.00139016
The short-term trend has been UP since Dec 15th, 2024 at 0.00138293
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 |
|---|---|---|---|---|
| 0.00144127 | 0.00144127 | 0.00144127 | 0.00144127 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00144022 | 2025-01-19 11:30:04 |