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Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

British Pound/Afghan Afghani (FOREX:GBPAFN)

Countertrend Down (-85) - GBPAFN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
94.91631 94.91631 94.91631 94.91631 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPAFN

long term down The long-term trend has been DOWN since Aug 16th, 2023 at 107.46095

intermediate term down The intermediate-term trend has been DOWN since Jul 28th, 2023 at 110.02167

short term up The short-term trend has been UP since Sep 11th, 2023 at 97.49242

Smart Scan Analysis for GBPAFN

Based on our trend formula, GBPAFN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
94.91631 94.91631 94.91631 94.91631 0.00000
Prev. Close Volume Bid Ask Time
95.24636 2023-09-27 07:28:37
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