Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Somali Shilling/British Pound (FOREX:SOSGBP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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.

FOREX_SOSGBP
Open High Low SOSGBP Price Change
0.001331 0.001331 0.001331 0.001331 0.000000
Entry Signal

MarketClub’s Trade Triangles for SOSGBP

long term down The long term trend has been DOWN since Jan 31st, 2019 at 0.001324

intermediate term up The intermediate term trend has been UP since Feb 12th, 2019 at 0.001346

short term down The short term trend has been DOWN since Feb 18th, 2019 at 0.001348

Smart Scan Analysis for SOSGBP

Based on a pre-defined weighted trend formula for chart analysis, SOSGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SOSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001331 0.001331 0.001331 0.001331 0.000000
Prev. Close Volume Bid Ask Time
0.001331 0.001250 0.001412 2019-02-20 20:58:34
Want to analyze Somali Shilling/British Pound SOSGBP or another symbol? Try our Free Forex Trend Analysis Report.