Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
British Pound/Comorian Franc (FOREX:GBPKMF)
Bull Market Weakness (+75) - GBPKMF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPKMF as it may be in the beginning stages of a reversal.
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 Oct 29th, 2024 at 591.53202
The intermediate-term trend has been UP since Oct 29th, 2024 at 590.83265
The short-term trend has been UP since Oct 29th, 2024 at 590.83265
Smart Scan Analysis for GBPKMF
Based on our trend formula, GBPKMF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 591.36480 | 591.36480 | 590.32334 | 590.32334 | -1.04146 |
| Prev. Close | Volume | Bid | Ask | Time |
| 587.25977 | 2024-11-18 16:12:58 |