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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

US Dollar/Comorian Franc (FOREX:USDKMF)

Sidelines Mode (+55) - USDKMF 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 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
422.9 422.9 422.9 422.9 0.0
Entry Signal

MarketClub’s Trade Triangles for USDKMF

long term up The long-term trend has been UP since Aug 20th, 2021 at 418.85

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 418.65

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 426.50

Smart Scan Analysis for USDKMF

Based on our trend formula, USDKMF is rated as a +55 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
422.9 422.9 422.9 422.9 0.0
Prev. Close Volume Bid Ask Time
422.9 2021-10-20 12:26:45
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