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.
MarketClub’s Trade Triangles for GBPKMF
The long-term trend has been UP since Feb 17th, 2020 at 589.60833
The intermediate-term trend has been UP since Apr 3rd, 2020 at 557.37408
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).