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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Somali Shilling/US Dollar (FOREX:SOSUSD)
Bull Market Weakness (+75) - SOSUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SOSUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SOSUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOSUSD.
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 SOSUSD
The long-term trend has been UP since Nov 18th, 2024 at 0.00176415
The intermediate-term trend has been UP since Dec 21st, 2024 at 0.00176252
The short-term trend has been UP since Dec 15th, 2024 at 0.00175687
Smart Scan Analysis for SOSUSD
Based on our trend formula, SOSUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00176478 | 0.00176478 | 0.00176478 | 0.00176478 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00176046 | 2024-12-21 08:23:57 |