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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Somali Shilling/British Pound (FOREX:SOSGBP)
Long-Term Uptrend (+90) - SOSGBP is in a strong uptrend that is likely to continue. While SOSGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SOSGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOSGBP.
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 SOSGBP
The long-term trend has been UP since Apr 2nd, 2024 at 0.00140042
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00138560
The short-term trend has been UP since Apr 11th, 2024 at 0.00139190
Smart Scan Analysis for SOSGBP
Based on our trend formula, SOSGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0014152 | 0.0014152 | 0.0014152 | 0.0014152 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0014092 | 2024-04-17 19:38:11 |