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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.

FOREX_KMFGBP
Open High Low KMFGBP Price Change
0.00175102 0.00175102 0.00175102 0.00175102 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KMFGBP

long term down The long-term trend has been DOWN since Jan 26th, 2023 at 0.00172540

intermediate term down The intermediate-term trend has been DOWN since May 9th, 2023 at 0.00177951

short term down 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).

-90
Smart Scan Analysis for KMFGBP
Strong Downtrend Sideways 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
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