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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.

FOREX_KMFGBP
Open High Low KMFGBP Price Change
0.00171147 0.00171697 0.00171147 0.00171697 +0.00000500
Entry Signal

MarketClub’s Trade Triangles for KMFGBP

long term down The long-term trend has been DOWN since Jun 9th, 2022 at 0.00167634

intermediate term up The intermediate-term trend has been UP since Aug 3rd, 2022 at 0.00170739

short term up 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).

+50
Smart Scan Analysis for KMFGBP
Strong Downtrend Sideways 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
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