Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Afghan Afghani/British Pound (FOREX:AFNGBP)
Crossroads (-60) - AFNGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for AFNGBP
The long-term trend has been UP since Mar 3rd, 2022 at 0.00803896
The intermediate-term trend has been DOWN since Jul 24th, 2022 at 0.00947986
The short-term trend has been DOWN since Jul 24th, 2022 at 0.00947986
Smart Scan Analysis for AFNGBP
Based on our trend formula, AFNGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).