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Forex Trend Analysis Report

Prepared for you on Saturday, August 17, 2019.

British Pound/Comorian Franc (FOREX:GBPKMF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
533.640 533.945 533.640 533.945 +0.305
Entry Signal

MarketClub’s Trade Triangles for GBPKMF

long term down The long term trend has been DOWN since Jul 26th, 2019 at 548.34

intermediate term down The intermediate term trend has been DOWN since Jul 26th, 2019 at 548.34

short term down The short term trend has been DOWN since Jul 26th, 2019 at 548.34

Smart Scan Analysis for GBPKMF

Based on a pre-defined weighted trend formula for chart analysis, GBPKMF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBPKMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
533.640 533.945 533.640 533.945 +0.305
Prev. Close Volume Bid Ask Time
528.94 533.400 534.490 2019-08-07 18:37:53
Want to analyze British Pound/Comorian Franc GBPKMF or another symbol? Try our Free Forex Trend Analysis Report.