Forex Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
Afghan Afghani/US Dollar (FOREX:AFNUSD)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for AFNUSD
The long term trend has been DOWN since Apr 11th, 2018 at 0.014380
The intermediate term trend has been UP since Dec 18th, 2018 at 0.013193
The short term trend has been UP since Dec 6th, 2018 at 0.013184
Smart Scan Analysis for AFNUSD
Based on a pre-defined weighted trend formula for chart analysis, AFNUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).