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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

British Pound/Comorian Franc (FOREX:GBPKMF)

Strong Uptrend (+100) - GBPKMF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPKMF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
556.19519 556.19519 553.56775 553.56775 -2.62744
Entry Signal

MarketClub’s Trade Triangles for GBPKMF

long term up The long-term trend has been UP since Nov 3rd, 2020 at 548.03479

intermediate term up The intermediate-term trend has been UP since Jul 10th, 2020 at 551.46873

short term up The short-term trend has been UP since Nov 17th, 2020 at 549.67703

Smart Scan Analysis for GBPKMF

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

+100
Smart Scan Analysis for GBPKMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
556.19519 556.19519 553.56775 553.56775 -2.62744
Prev. Close Volume Bid Ask Time
556.19519 2020-11-23 11:16:40
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