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Forex Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
Comorian Franc/British Pound (FOREX:KMFGBP)
Long-Term Downtrend (-90) - KMFGBP is in a strong downtrend that is likely to continue. While KMFGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KMFGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for KMFGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for KMFGBP
The long-term trend has been DOWN since Jan 26th, 2023 at 0.00172540
The intermediate-term trend has been DOWN since May 9th, 2023 at 0.00177951
The short-term trend has been DOWN since May 26th, 2023 at 0.00176594
Smart Scan Analysis for KMFGBP
Based on our trend formula, KMFGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00175102 | 0.00175102 | 0.00175102 | 0.00175102 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00175102 | 2023-06-06 14:02:37 |