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Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
British Pound/Afghan Afghani (FOREX:GBPAFN)
Crossroads (-60) - GBPAFN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for GBPAFN
The long-term trend has been DOWN since Oct 10th, 2024 at 90.10970
The intermediate-term trend has been UP since Dec 9th, 2024 at 86.57395
The short-term trend has been UP since Dec 9th, 2024 at 86.56303
Smart Scan Analysis for GBPAFN
Based on our trend formula, GBPAFN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 87.95432 | 87.95432 | 87.90120 | 87.90120 | -0.05312 |
| Prev. Close | Volume | Bid | Ask | Time |
| 87.95432 | 2024-12-09 18:36:59 |