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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Comorian Franc/US Dollar (FOREX:KMFUSD)
Long-Term Downtrend (-90) - KMFUSD is in a strong downtrend that is likely to continue. While KMFUSD 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 KMFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KMFUSD.
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 KMFUSD
The long-term trend has been DOWN since Nov 7th, 2024 at 0.00219202
The intermediate-term trend has been DOWN since Nov 7th, 2024 at 0.00219371
The short-term trend has been DOWN since Nov 7th, 2024 at 0.00219660
Smart Scan Analysis for KMFUSD
Based on our trend formula, KMFUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00214328 | 0.00214755 | 0.00214328 | 0.00214755 | +0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00214328 | 2024-11-18 16:12:58 |