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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Somali Shilling/US Dollar (FOREX:SOSUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
0.00172976 0.00172976 0.00172976 0.00172976 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SOSUSD

long term up The long term trend has been UP since Jun 23rd, 2019 at 0.00174600

intermediate term up The intermediate term trend has been UP since Nov 17th, 2019 at 0.00173621

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 0.00173594

Smart Scan Analysis for SOSUSD

Based on a pre-defined weighted trend formula for chart analysis, SOSUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for SOSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00172976 0.00172976 0.00172976 0.00172976 0.00000000
Prev. Close Volume Bid Ask Time
0.00172976 0.00162196 0.00183757 2019-12-08 20:00:23
Want to analyze Somali Shilling/US Dollar SOSUSD or another symbol? Try our Free Forex Trend Analysis Report.