Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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 ?

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
590.76122 590.76122 590.76122 590.76122 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPKMF

long term up The long-term trend has been UP since Feb 17th, 2020 at 589.60833

intermediate term up The intermediate-term trend has been UP since Jan 31st, 2020 at 584.86592

short term up The short-term trend has been UP since Jan 31st, 2020 at 583.41823

Smart Scan Analysis for GBPKMF

Based on our trend formula, GBPKMF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPKMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
590.76122 590.76122 590.76122 590.76122 0.00000
Prev. Close Volume Bid Ask Time
590.76122 590.76122 590.76122 2020-02-17 11:44:07
Get a free daily analysis and signals for British Pound/Comorian Franc (GBPKMF) - Request Your Free Report.