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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

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
574.48724 574.48724 574.48724 574.48724 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPKMF

long term down The long-term trend has been DOWN since Sep 21st, 2023 at 570.21478

intermediate term up The intermediate-term trend has been UP since Nov 28th, 2023 at 568.45402

short term up The short-term trend has been UP since Nov 27th, 2023 at 565.46237

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
574.48724 574.48724 574.48724 574.48724 0.00000
Prev. Close Volume Bid Ask Time
574.48724 2023-12-07 15:55:40
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