Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Afghan Afghani/British Pound (FOREX:AFNGBP)
Countertrend Up (+85) - AFNGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Feb 27th, 2020 at 0.01002910
The intermediate-term trend has been UP since Apr 23rd, 2020 at 0.01061316
The short-term trend has been UP since May 6th, 2020 at 0.01053471
Smart Scan Analysis for AFNGBP
Based on our trend formula, AFNGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).