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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Somali Shilling/US Dollar (FOREX:SOSUSD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.001736 0.001736 0.001736 0.001736 0.000000
Entry Signal

MarketClub’s Trade Triangles for SOSUSD

long term up The long term trend has been UP since Jan 9th, 2019 at 0.001747

intermediate term up The intermediate term trend has been UP since Jan 3rd, 2019 at 0.001739

short term up The short term trend has been UP since Feb 19th, 2019 at 0.001740

Smart Scan Analysis for SOSUSD

Based on a pre-defined weighted trend formula for chart analysis, SOSUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for SOSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001736 0.001736 0.001736 0.001736 0.000000
Prev. Close Volume Bid Ask Time
0.001736 0.001630 0.001842 2019-02-20 20:58:34
Want to analyze Somali Shilling/US Dollar SOSUSD or another symbol? Try our Free Forex Trend Analysis Report.