Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 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 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
555.82449 559.35863 555.82449 558.89850 +3.07401
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 Apr 3rd, 2020 at 557.37408

short term up The short-term trend has been UP since Mar 26th, 2020 at 540.97433

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
555.82449 559.35863 555.82449 558.89850 +3.07401
Prev. Close Volume Bid Ask Time
555.82449 558.34635 559.45065 2020-04-03 17:12:18
Get a free daily analysis and signals for British Pound/Comorian Franc (GBPKMF) - Request Your Free Report.