Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

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
451.45 451.45 451.45 451.45 0.00
Entry Signal

MarketClub’s Trade Triangles for USDKMF

long term up The long-term trend has been UP since Sep 6th, 2023 at 460.50

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2023 at 464.05

short term up The short-term trend has been UP since Nov 30th, 2023 at 450.60

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
451.45 451.45 451.45 451.45 0.00
Prev. Close Volume Bid Ask Time
451.45 2023-11-30 22:06:24
Get a free daily analysis and signals for US Dollar/Comorian Franc (USDKMF) - Request Your Free Report.