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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Afghan Afghani (FOREX:GBPAFN)
Bull Market Weakness (+75) - GBPAFN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPAFN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPAFN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPAFN.
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 GBPAFN
The long-term trend has been UP since Jan 26th, 2024 at 93.22270
The intermediate-term trend has been UP since Apr 29th, 2024 at 90.48258
The short-term trend has been UP since Apr 25th, 2024 at 89.84482
Smart Scan Analysis for GBPAFN
Based on our trend formula, GBPAFN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 90.60602 | 90.60602 | 90.60602 | 90.60602 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 90.22792 | 2024-05-06 01:56:06 |