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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.
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MarketClub’s Trade Triangles for GBPSOS
The long-term trend has been DOWN since Jul 19th, 2021 at 795.9451
The intermediate-term trend has been UP since Sep 10th, 2021 at 801.8305
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).
| 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 |