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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Afghan Afghani/British Pound (FOREX:AFNGBP)
Long-Term Downtrend (-90) - AFNGBP is in a strong downtrend that is likely to continue. While AFNGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AFNGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for AFNGBP.
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 AFNGBP
The long-term trend has been DOWN since Jan 26th, 2024 at 0.01072866
The intermediate-term trend has been DOWN since Apr 29th, 2024 at 0.01105369
The short-term trend has been DOWN since Apr 25th, 2024 at 0.01113219
Smart Scan Analysis for AFNGBP
Based on our trend formula, AFNGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01103862 | 0.01103862 | 0.01103862 | 0.01103862 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01108488 | 2024-05-06 01:56:06 |