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Forex Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
Comorian Franc/British Pound (FOREX:KMFGBP)
Sidelines Mode (+50) - KMFGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until KMFGBP can gain momentum.
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 Jun 9th, 2022 at 0.00167634
The intermediate-term trend has been UP since Aug 3rd, 2022 at 0.00170739
The short-term trend has been UP since Aug 9th, 2022 at 0.00170974
Smart Scan Analysis for KMFGBP
Based on our trend formula, KMFGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00171147 | 0.00171697 | 0.00171147 | 0.00171697 | +0.00000500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00171147 | 2022-08-09 11:51:11 |