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Forex Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

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
0.00218484 0.00218484 0.00217415 0.00217415 -0.00001100
Entry Signal

MarketClub’s Trade Triangles for KMFUSD

long term up The long-term trend has been UP since Feb 2nd, 2023 at 0.00221229

intermediate term down The intermediate-term trend has been DOWN since May 15th, 2023 at 0.00221656

short term up The short-term trend has been UP since Jun 2nd, 2023 at 0.00218365

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
0.00218484 0.00218484 0.00217415 0.00217415 -0.00001100
Prev. Close Volume Bid Ask Time
0.00218484 2023-06-02 14:16:48
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