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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/Comorian Franc (FOREX:USDKMF)
Crossroads (-60) - USDKMF 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 USDKMF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDKMF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDKMF
The long-term trend has been UP since Apr 16th, 2024 at 459.675
The intermediate-term trend has been DOWN since May 6th, 2024 at 458.875
The short-term trend has been DOWN since Apr 23rd, 2024 at 462.375
Smart Scan Analysis for USDKMF
Based on our trend formula, USDKMF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 458.5 | 458.5 | 458.5 | 458.5 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 458.5 | 2024-05-09 13:14:49 |