Forex Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
British Pound/Comorian Franc (FOREX:GBPKMF)
Bull Market Weakness (+75) - GBPKMF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPKMF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPKMF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPKMF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPKMF
The long-term trend has been UP since Nov 3rd, 2020 at 548.03479
The intermediate-term trend has been UP since Jul 10th, 2020 at 551.46873
The short-term trend has been DOWN since Nov 27th, 2020 at 550.96876
Smart Scan Analysis for GBPKMF
Based on our trend formula, GBPKMF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).