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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
US Dollar/Somali Shilling (FOREX:USDSOS)
Crossroads (+60) - USDSOS 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 USDSOS?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSOS.
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 USDSOS
The long-term trend has been UP since Jan 7th, 2025 at 574.71907
The intermediate-term trend has been DOWN since Feb 16th, 2025 at 570.20053
The short-term trend has been DOWN since Feb 12th, 2025 at 571.00000
Smart Scan Analysis for USDSOS
Based on our trend formula, USDSOS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 571.5 | 571.5 | 571.5 | 571.5 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 571.7 | 2025-02-20 13:28:38 |