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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

US Dollar/Comorian Franc (FOREX:USDKMF)

Long-Term Downtrend (-90) - USDKMF is in a strong downtrend that is likely to continue. While USDKMF 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 USDKMF?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDKMF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDKMF
Open High Low USDKMF Price Change
459.5 459.5 459.5 459.5 0.0
Entry Signal

MarketClub’s Trade Triangles for USDKMF

long term down The long-term trend has been DOWN since Feb 2nd, 2023 at 452.0250

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 461.8505

short term down The short-term trend has been DOWN since Mar 10th, 2023 at 463.8000

Smart Scan Analysis for USDKMF

Based on our trend formula, USDKMF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for USDKMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
459.5 459.5 459.5 459.5 0.0
Prev. Close Volume Bid Ask Time
459.5 2023-03-14 12:44:15
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