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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Euro/Somali Shilling (FOREX:EURSOS)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

Open High Low EURSOS Price Change
648.3 648.3 648.3 648.3 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 Apr 28th, 2019 at 649.6

short term up The short term trend has been UP since May 13th, 2019 at 648.6

Smart Scan Analysis for EURSOS

Based on a pre-defined weighted trend formula for chart analysis, EURSOS scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURSOS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
648.3 648.3 648.3 648.3 0.0
Prev. Close Volume Bid Ask Time
646 608.3 688.3 2019-05-16 09:07:22
Want to analyze Euro/Somali Shilling EURSOS or another symbol? Try our Free Forex Trend Analysis Report.