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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Somali Shilling/US Dollar (FOREX:SOSUSD)
Crossroads (-60) - SOSUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Mar 28th, 2025 at 0.00176554
The intermediate-term trend has been DOWN since Apr 6th, 2025 at 0.00175317
The short-term trend has been DOWN since Apr 1st, 2025 at 0.00175805
Smart Scan Analysis for SOSUSD
Based on our trend formula, SOSUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00175228 | 0.00175228 | 0.00175228 | 0.00175228 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00175228 | 2025-05-04 11:00:59 |