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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
British Pound/Somali Shilling (FOREX:GBPSOS)
Weak Downtrend (-65) - GBPSOS is showing signs of a strengthening downtrend. Monitor GBPSOS as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPSOS?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSOS.
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 GBPSOS
The long-term trend has been UP since Jun 9th, 2024 at 734.2530
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 754.3005
The short-term trend has been DOWN since Oct 4th, 2024 at 759.8282
Smart Scan Analysis for GBPSOS
Based on our trend formula, GBPSOS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 741.3515 | 741.3515 | 741.3515 | 741.3515 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 741.7511 | 2024-10-23 07:25:22 |