Forex Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
Comorian Franc/British Pound (FOREX:KMFGBP)
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.
MarketClub’s Trade Triangles for KMFGBP
The long term trend has been UP since May 17th, 2019 at 0.001782
The intermediate term trend has been UP since May 14th, 2019 at 0.001752
The short term trend has been UP since Apr 19th, 2019 at 0.001741
Smart Scan Analysis for KMFGBP
Based on a pre-defined weighted trend formula for chart analysis, KMFGBP scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).