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.
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 DOWN since Feb 27th, 2020 at 99.72391
The intermediate-term trend has been DOWN since Apr 23rd, 2020 at 94.23648
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).