Forex Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
US Dollar/Comorian Franc (FOREX:USDKMF)
Countertrend Up (+85) - USDKMF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid USDKMF?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDKMF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDKMF
The long-term trend has been UP since Aug 20th, 2021 at 418.850
The intermediate-term trend has been UP since Nov 12th, 2021 at 426.400
The short-term trend has been UP since Nov 12th, 2021 at 426.375
Smart Scan Analysis for USDKMF
Based on our trend formula, USDKMF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).