Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

British Pound/Comorian Franc (FOREX:GBPKMF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPKMF
Open High Low GBPKMF Price Change
583.65069 584.84881 583.65069 584.84881 +1.19812
Entry Signal

MarketClub’s Trade Triangles for GBPKMF

long term up The long term trend has been UP since Nov 13th, 2019 at 574.00189

intermediate term up The intermediate term trend has been UP since Aug 27th, 2019 at 535.66000

short term up The short term trend has been UP since Dec 2nd, 2019 at 577.00162

Smart Scan Analysis for GBPKMF

Based on a pre-defined weighted trend formula for chart analysis, GBPKMF scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for GBPKMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
583.65069 584.84881 583.65069 584.84881 +1.19812
Prev. Close Volume Bid Ask Time
583.65069 584.25665 585.44096 2019-12-05 13:07:35
Want to analyze British Pound/Comorian Franc GBPKMF or another symbol? Try our Free Forex Trend Analysis Report.