Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
British Pound/Afghan Afghani (FOREX:GBPAFN)
Long-Term Uptrend (+90) - GBPAFN is in a strong uptrend that is likely to continue. While GBPAFN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid GBPAFN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPAFN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPAFN
The long-term trend has been UP since Jun 10th, 2020 at 99.64507
The intermediate-term trend has been UP since Jan 19th, 2021 at 106.51957
The short-term trend has been UP since Feb 10th, 2021 at 106.62668
Smart Scan Analysis for GBPAFN
Based on our trend formula, GBPAFN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).