Forex Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Afghan Afghani/British Pound (FOREX:AFNGBP)
Sidelines Mode (+55) - AFNGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 Aug 16th, 2023 at 0.00930680
The intermediate-term trend has been UP since Jul 28th, 2023 at 0.00909015
The short-term trend has been DOWN since Sep 11th, 2023 at 0.01025868
Smart Scan Analysis for AFNGBP
Based on our trend formula, AFNGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).