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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

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.

FOREX_USDKMF
Open High Low USDKMF Price Change
462.125 462.125 462.125 462.125 0.000
Entry Signal

MarketClub’s Trade Triangles for USDKMF

long term up The long-term trend has been UP since Apr 16th, 2024 at 459.675

intermediate term up The intermediate-term trend has been UP since Mar 29th, 2024 at 453.950

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 462.375

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).

+55
Smart Scan Analysis for USDKMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
462.125 462.125 462.125 462.125 0.000
Prev. Close Volume Bid Ask Time
462.125 2024-04-23 12:01:54
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