Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Comorian Franc/US Dollar (FOREX:KMFUSD)
Countertrend Down (-85) - KMFUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for KMFUSD
The long-term trend has been DOWN since Aug 20th, 2021 at 0.00238749
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.00238863
The short-term trend has been UP since Oct 14th, 2021 at 0.00234467
Smart Scan Analysis for KMFUSD
Based on our trend formula, KMFUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).