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Forex Trend Analysis Report
Prepared for you on Sunday, May 11, 2025.
Somali Shilling/British Pound (FOREX:SOSGBP)
Sidelines Mode (+50) - SOSGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SOSGBP can gain momentum.
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 DOWN since Mar 9th, 2025 at 0.00137595
The intermediate-term trend has been UP since May 11th, 2025 at 0.00132184
The short-term trend has been UP since May 11th, 2025 at 0.00132184
Smart Scan Analysis for SOSGBP
Based on our trend formula, SOSGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00132371 | 0.00132371 | 0.00132371 | 0.00132371 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00132371 | 2025-05-11 11:00:32 |