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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

British Pound/Comorian Franc (FOREX:GBPKMF)

Crossroads (-60) - GBPKMF 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 GBPKMF?

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

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

FOREX_GBPKMF
Open High Low GBPKMF Price Change
574.68942 574.68942 574.68942 574.68942 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPKMF

long term up The long-term trend has been UP since Jan 18th, 2024 at 574.74728

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2024 at 575.61131

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 575.03001

Smart Scan Analysis for GBPKMF

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

-60
Smart Scan Analysis for GBPKMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
574.68942 574.68942 574.68942 574.68942 0.00000
Prev. Close Volume Bid Ask Time
575.37075 2024-04-23 12:01:54
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