Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Afghan Afghani/US Dollar (FOREX:AFNUSD)
Sidelines Mode (+50) - AFNUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until AFNUSD can gain momentum.
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 Aug 3rd, 2022 at 0.01105006
The intermediate-term trend has been UP since Aug 11th, 2022 at 0.01111248
The short-term trend has been UP since Aug 11th, 2022 at 0.01105276
Smart Scan Analysis for AFNUSD
Based on our trend formula, AFNUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).