Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
US Dollar/Somali Shilling (FOREX:USDSOS)
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.
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MarketClub’s Trade Triangles for USDSOS
The long term trend has been DOWN since Jun 23rd, 2019 at 574.79
The intermediate term trend has been UP since Aug 30th, 2019 at 581.00
The short term trend has been UP since Sep 16th, 2019 at 578.90
Smart Scan Analysis for USDSOS
Based on a pre-defined weighted trend formula for chart analysis, USDSOS scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 580.000 | 580.000 | 579.565 | 579.565 | -0.435 |
| Prev. Close | Volume | Bid | Ask | Time |
| 580 | 543.350 | 615.780 | 2019-09-19 20:22:44 |