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Forex Trend Analysis Report

Prepared for you on Saturday, August 15, 2020.

US Dollar/Comorian Franc (FOREX:USDKMF)

Strong Downtrend (-100) - USDKMF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_USDKMF
Open High Low USDKMF Price Change
417.6 417.6 417.6 417.6 0.0
Entry Signal

MarketClub’s Trade Triangles for USDKMF

long term down The long-term trend has been DOWN since Jul 14th, 2020 at 434.375

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2020 at 449.825

short term down The short-term trend has been DOWN since Jul 14th, 2020 at 434.650

Smart Scan Analysis for USDKMF

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

-100
Smart Scan Analysis for USDKMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
417.6 417.6 417.6 417.6 0.0
Prev. Close Volume Bid Ask Time
417.6 417.2 418.0 2020-08-13 09:29:39
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