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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.

FOREX_KMFUSD
Open High Low KMFUSD Price Change
0.00236351 0.00236351 0.00236142 0.00236142 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for KMFUSD

long term down The long-term trend has been DOWN since Aug 20th, 2021 at 0.00238749

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.00238863

short term up 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).

-85
Smart Scan Analysis for KMFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00236351 0.00236351 0.00236142 0.00236142 -0.00000200
Prev. Close Volume Bid Ask Time
0.00236351 2021-10-22 13:18:01
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