Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

US Dollar/Somali Shilling (FOREX:USDSOS)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDSOS
Open High Low USDSOS Price Change
578.51872 581.00000 578.51872 579.79777 +1.27905
Entry Signal

MarketClub’s Trade Triangles for USDSOS

long term down The long term trend has been DOWN since Dec 12th, 2019 at 576.91699

intermediate term down The intermediate term trend has been DOWN since Dec 12th, 2019 at 576.91699

short term up The short term trend has been UP since Jan 9th, 2020 at 581.00000

Smart Scan Analysis for USDSOS

Based on a pre-defined weighted trend formula for chart analysis, USDSOS scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for USDSOS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
578.51872 581.00000 578.51872 579.79777 +1.27905
Prev. Close Volume Bid Ask Time
578.51872 543.70141 615.89413 2020-01-21 21:00:32
Get a free daily report for US Dollar/Somali Shilling (USDSOS) - Free Trend Analysis Report.