Forex Trend Analysis Report
Prepared for you on Wednesday, July 8, 2020.
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.
MarketClub’s Trade Triangles for KMFGBP
The long-term trend has been DOWN since Feb 17th, 2020 at 0.00169604
The intermediate-term trend has been UP since May 12th, 2020 at 0.00179270
The short-term trend has been DOWN since Jul 1st, 2020 at 0.00183569
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).