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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Somali Shilling/US Dollar (FOREX:SOSUSD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_SOSUSD
Open High Low SOSUSD Price Change
0.001732 0.001732 0.001732 0.001732 0.000000
Entry Signal

MarketClub’s Trade Triangles for SOSUSD

long term up The long term trend has been UP since Jun 23rd, 2019 at 0.001746

intermediate term up The intermediate term trend has been UP since Jun 23rd, 2019 at 0.001743

short term up The short term trend has been UP since Jul 14th, 2019 at 0.001735

Smart Scan Analysis for SOSUSD

Based on a pre-defined weighted trend formula for chart analysis, SOSUSD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for SOSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001732 0.001732 0.001732 0.001732 0.000000
Prev. Close Volume Bid Ask Time
0.001732 0.001625 0.001839 2019-07-21 20:00:35
Want to analyze Somali Shilling/US Dollar SOSUSD or another symbol? Try our Free Forex Trend Analysis Report.