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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Comorian Franc/US Dollar (FOREX:KMFUSD)

Crossroads (-60) - KMFUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid KMFUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for KMFUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KMFUSD
Open High Low KMFUSD Price Change
0.00218855 0.00218855 0.00218103 0.00218103 -0.00000800
Entry Signal

MarketClub’s Trade Triangles for KMFUSD

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 0.00217545

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 0.00217924

short term up The short-term trend has been UP since Apr 23rd, 2024 at 0.00216275

Smart Scan Analysis for KMFUSD

Based on our trend formula, KMFUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for KMFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00218855 0.00218855 0.00218103 0.00218103 -0.00000800
Prev. Close Volume Bid Ask Time
0.00218855 2024-05-08 14:33:39
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