Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
British Pound/Afghan Afghani (FOREX:GBPAFN)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GBPAFN
The long term trend has been UP since Nov 19th, 2019 at 101.01443
The intermediate term trend has been DOWN since Jan 3rd, 2020 at 101.57545
The short term trend has been UP since Jan 23rd, 2020 at 101.97551
Smart Scan Analysis for GBPAFN
Based on a pre-defined weighted trend formula for chart analysis, GBPAFN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).