Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Afghan Afghani/US Dollar (FOREX:AFNUSD)
Bull Market Weakness (+75) - AFNUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AFNUSD as it may be in the beginning stages of a reversal.
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 Jun 22nd, 2023 at 0.01163420
The intermediate-term trend has been UP since Aug 23rd, 2023 at 0.01183805
The short-term trend has been UP since Aug 23rd, 2023 at 0.01183805
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).