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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Comorian Franc/US Dollar (FOREX:KMFUSD)

Sidelines Mode (-55) - KMFUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.00220459 0.00220459 0.00220447 0.00220447 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KMFUSD

long term up The long-term trend has been UP since Dec 18th, 2023 at 0.00222880

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2024 at 0.00220289

short term up The short-term trend has been UP since Apr 9th, 2024 at 0.00219998

Smart Scan Analysis for KMFUSD

Based on our trend formula, KMFUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for KMFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00220459 0.00220459 0.00220447 0.00220447 0.00000000
Prev. Close Volume Bid Ask Time
0.00220459 2024-04-09 13:08:39
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