Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
Afghan Afghani/British Pound (FOREX:AFNGBP)
Bear Market Rally (-75) - AFNGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AFNGBP as it may be in the beginning of a reversal.
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 DOWN since Jun 10th, 2020 at 0.01003695
The intermediate-term trend has been DOWN since Oct 11th, 2020 at 0.01005887
The short-term trend has been UP since Nov 27th, 2020 at 0.00974117
Smart Scan Analysis for AFNGBP
Based on our trend formula, AFNGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).