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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

British Pound/Comorian Franc (FOREX:GBPKMF)

Sidelines Mode (-55) - GBPKMF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
558.64903 558.64903 558.64903 558.64903 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPKMF

long term up The long-term trend has been UP since Jan 26th, 2023 at 579.63333

intermediate term down The intermediate-term trend has been DOWN since Mar 8th, 2023 at 554.17193

short term up The short-term trend has been UP since Mar 10th, 2023 at 557.23197

Smart Scan Analysis for GBPKMF

Based on our trend formula, GBPKMF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPKMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
558.64903 558.64903 558.64903 558.64903 0.00000
Prev. Close Volume Bid Ask Time
558.64903 2023-03-14 12:44:15
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