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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Comorian Franc (FOREX:USDKMF)
Bear Market Rally (-75) - USDKMF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDKMF as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for USDKMF
The long-term trend has been DOWN since Jul 17th, 2024 at 452.550
The intermediate-term trend has been DOWN since Jul 5th, 2024 at 456.875
The short-term trend has been UP since Jul 24th, 2024 at 454.150
Smart Scan Analysis for USDKMF
Based on our trend formula, USDKMF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 454.225 | 454.225 | 454.225 | 454.225 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 454.225 | 2024-07-25 12:03:38 |