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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

British Pound/Afghan Afghani (FOREX:GBPAFN)

Strong Downtrend (-100) - GBPAFN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

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FOREX_GBPAFN
Open High Low GBPAFN Price Change
93.98350 93.98350 93.98350 93.98350 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPAFN

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 99.72391

intermediate term down The intermediate-term trend has been DOWN since Apr 23rd, 2020 at 94.23648

short term down The short-term trend has been DOWN since May 6th, 2020 at 94.93824

Smart Scan Analysis for GBPAFN

Based on our trend formula, GBPAFN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for GBPAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.98350 93.98350 93.98350 93.98350 0.00000
Prev. Close Volume Bid Ask Time
93.28050 92.86664 95.10035 2020-05-21 21:08:23
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