Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
British Pound/Comorian Franc (FOREX:GBPKMF)
Strong Uptrend (+100) - GBPKMF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPKMF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for GBPKMF
The long-term trend has been UP since Nov 3rd, 2020 at 548.03479
The intermediate-term trend has been UP since Jul 10th, 2020 at 551.46873
The short-term trend has been UP since Nov 17th, 2020 at 549.67703
Smart Scan Analysis for GBPKMF
Based on our trend formula, GBPKMF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).