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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

US Dollar/Comorian Franc (FOREX:USDKMF)

Sidelines Mode (+50) - USDKMF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDKMF can gain momentum.

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.

Open High Low USDKMF Price Change
411.6 411.6 411.6 411.6 0.0
Entry Signal

MarketClub’s Trade Triangles for USDKMF

long term down The long-term trend has been DOWN since Jul 14th, 2020 at 434.375

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2021 at 409.500

short term up The short-term trend has been UP since Mar 3rd, 2021 at 406.150

Smart Scan Analysis for USDKMF

Based on our trend formula, USDKMF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for USDKMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
411.6 411.6 411.6 411.6 0.0
Prev. Close Volume Bid Ask Time
415.4 2021-03-04 15:28:39
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