Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Afghan Afghani/US Dollar (FOREX:AFNUSD)

Bear Market Rally (-75) - AFNUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AFNUSD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid AFNUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for AFNUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AFNUSD
Open High Low AFNUSD Price Change
0.01379901 0.01379901 0.01379901 0.01379901 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AFNUSD

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 0.01379901

intermediate term up The intermediate-term trend has been UP since Apr 3rd, 2024 at 0.01380952

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.01399217

Smart Scan Analysis for AFNUSD

Based on our trend formula, AFNUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AFNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01379901 0.01379901 0.01379901 0.01379901 0.00000000
Prev. Close Volume Bid Ask Time
0.01379901 2024-04-12 10:31:38
Get a free daily analysis and signals for Afghan Afghani/US Dollar (AFNUSD) - Request Your Free Report.