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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

US Dollar/Comorian Franc (FOREX:USDKMF)

Crossroads (-60) - USDKMF is struggling to move into a solid trend. Beware of choppy markets 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
455.85 455.85 455.85 455.85 0.00
Entry Signal

MarketClub’s Trade Triangles for USDKMF

long term down The long-term trend has been DOWN since Jul 17th, 2024 at 452.55

intermediate term up The intermediate-term trend has been UP since Sep 11th, 2024 at 445.35

short term up The short-term trend has been UP since Sep 11th, 2024 at 445.35

Smart Scan Analysis for USDKMF

Based on our trend formula, USDKMF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDKMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
455.85 455.85 455.85 455.85 0.00
Prev. Close Volume Bid Ask Time
455.85 2024-10-23 10:51:48
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