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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Comorian Franc/British Pound (FOREX:KMFGBP)

Bear Market Rally (-75) - KMFGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KMFGBP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid KMFGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for KMFGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KMFGBP
Open High Low KMFGBP Price Change
0.00172221 0.00172221 0.00172221 0.00172221 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KMFGBP

long term down The long-term trend has been DOWN since Mar 6th, 2024 at 0.00172785

intermediate term down The intermediate-term trend has been DOWN since Apr 29th, 2024 at 0.00173570

short term up The short-term trend has been UP since Jun 14th, 2024 at 0.00171274

Smart Scan Analysis for KMFGBP

Based on our trend formula, KMFGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for KMFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00172221 0.00172221 0.00172221 0.00172221 0.00000000
Prev. Close Volume Bid Ask Time
0.00172221 2024-06-20 13:55:44
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