Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
British Pound/Afghan Afghani (FOREX:GBPAFN)
Bull Market Weakness (+75) - GBPAFN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPAFN as it may be in the beginning stages of a reversal.
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 Oct 11th, 2020 at 99.42694
The short-term trend has been UP since Nov 11th, 2020 at 100.05837
Smart Scan Analysis for GBPAFN
Based on our trend formula, GBPAFN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).