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Forex Trend Analysis Report

Prepared for you on Saturday, April 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.

FOREX_KMFUSD
Open High Low KMFUSD Price Change
0.00215937 0.00215937 0.00215937 0.00215937 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KMFUSD

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 0.00217545

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

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 0.00218055

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).

-90
Smart Scan Analysis for KMFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00215937 0.00215937 0.00215937 0.00215937 0.00000000
Prev. Close Volume Bid Ask Time
0.00215937 2024-04-18 15:44:29
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