Forex Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
Comorian Franc/US Dollar (FOREX:KMFUSD)
Crossroads (-60) - KMFUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid KMFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KMFUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KMFUSD
The long-term trend has been UP since May 21st, 2021 at 0.00246822
The intermediate-term trend has been DOWN since Jun 11th, 2021 at 0.00246566
The short-term trend has been DOWN since Jun 3rd, 2021 at 0.00247901
Smart Scan Analysis for KMFUSD
Based on our trend formula, KMFUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).