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Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
British Pound/Afghan Afghani (FOREX:GBPAFN)
Countertrend Up (+85) - GBPAFN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
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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 Sep 27th, 2021 at 120.20940
The short-term trend has been UP since Oct 4th, 2021 at 120.54285
Smart Scan Analysis for GBPAFN
Based on our trend formula, GBPAFN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 123.94717 | 123.94717 | 123.94717 | 123.94717 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 123.81748 | 2021-10-23 18:35:19 |