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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

British Pound/Comorian Franc (FOREX:GBPKMF)

Countertrend Up (+85) - GBPKMF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
575.61131 575.61131 575.61131 575.61131 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 up The intermediate-term trend has been UP since Mar 6th, 2024 at 578.75354

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 576.08765

Smart Scan Analysis for GBPKMF

Based on our trend formula, GBPKMF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for GBPKMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
575.61131 575.61131 575.61131 575.61131 0.00000
Prev. Close Volume Bid Ask Time
575.61131 2024-03-20 10:42:04
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