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Forex Trend Analysis Report

Prepared for you on Monday, September 20, 2021.

British Pound/Somali Shilling (FOREX:GBPSOS)

Bear Market Rally (-75) - GBPSOS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPSOS as it may be in the beginning of a reversal.

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.

FOREX_GBPSOS
Open High Low GBPSOS Price Change
797.9863 797.9863 797.9863 797.9863 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPSOS

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 795.9451

intermediate term up The intermediate-term trend has been UP since Sep 10th, 2021 at 801.8305

short term down The short-term trend has been DOWN since Sep 17th, 2021 at 798.4107

Smart Scan Analysis for GBPSOS

Based on our trend formula, GBPSOS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPSOS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
797.9863 797.9863 797.9863 797.9863 0.0000
Prev. Close Volume Bid Ask Time
797.9863 2021-09-19 21:07:08
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