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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

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, GBPAFN 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.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPAFN
Open High Low GBPAFN Price Change
107.14349 107.14349 107.14349 107.14349 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPAFN

long term down The long-term trend has been DOWN since Mar 3rd, 2022 at 124.40563

intermediate term down The intermediate-term trend has been DOWN since Aug 17th, 2022 at 107.51943

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 109.15000

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
107.14349 107.14349 107.14349 107.14349 0.00000
Prev. Close Volume Bid Ask Time
107.14349 2022-08-17 07:25:07
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