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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.

FOREX_AFNGBP
Open High Low AFNGBP Price Change
0.01053715 0.01053715 0.01053715 0.01053715 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AFNGBP

long term up The long-term trend has been UP since Aug 16th, 2023 at 0.00930680

intermediate term up The intermediate-term trend has been UP since Jul 28th, 2023 at 0.00909015

short term down 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).

+55
Smart Scan Analysis for AFNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01053715 0.01053715 0.01053715 0.01053715 0.00000000
Prev. Close Volume Bid Ask Time
0.01045976 2023-09-27 07:28:37
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