Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Afghan Afghani/US Dollar (FOREX:AFNUSD)
Strong Downtrend (-100) - AFNUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AFNUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AFNUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AFNUSD
The long-term trend has been DOWN since Oct 1st, 2021 at 0.01133154
The intermediate-term trend has been DOWN since Oct 1st, 2021 at 0.01133154
The short-term trend has been DOWN since Oct 1st, 2021 at 0.01133154
Smart Scan Analysis for AFNUSD
Based on our trend formula, AFNUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).