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Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2019.

Euro/Somali Shilling (FOREX:EURSOS)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_EURSOS
Open High Low EURSOS Price Change
651.3 651.3 651.3 651.3 0.0
Entry Signal

MarketClub’s Trade Triangles for EURSOS

long term down The long term trend has been DOWN since May 1st, 2018 at 705.9

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2019 at 648.3

short term down The short term trend has been DOWN since Jul 2nd, 2019 at 654.2

Smart Scan Analysis for EURSOS

Based on a pre-defined weighted trend formula for chart analysis, EURSOS scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURSOS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
651.3 651.3 651.3 651.3 0.0
Prev. Close Volume Bid Ask Time
652.4 611.3 691.3 2019-07-14 20:00:32
Want to analyze Euro/Somali Shilling EURSOS or another symbol? Try our Free Forex Trend Analysis Report.