Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Afghan Afghani/US Dollar (FOREX:AFNUSD)
Weak Downtrend (-65) - AFNUSD is showing signs of a strengthening downtrend. Monitor AFNUSD as it may be building momentum to the downside.
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 UP since Dec 30th, 2019 at 0.01282051
The intermediate-term trend has been DOWN since May 14th, 2020 at 0.01308903
The short-term trend has been DOWN since May 26th, 2020 at 0.01303790
Smart Scan Analysis for AFNUSD
Based on our trend formula, AFNUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).