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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.

FOREX_USDSOS
Open High Low USDSOS Price Change
580.000 580.000 579.565 579.565 -0.435
Entry Signal

MarketClub’s Trade Triangles for USDSOS

long term down The long term trend has been DOWN since Jun 23rd, 2019 at 574.79

intermediate term up The intermediate term trend has been UP since Aug 30th, 2019 at 581.00

short term up 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).

+70
Smart Scan Analysis for USDSOS
Strong Downtrend Sideways 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
Want to analyze US Dollar/Somali Shilling USDSOS or another symbol? Try our Free Forex Trend Analysis Report.