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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

British Pound/Afghan Afghani (FOREX:GBPAFN)

Weak Downtrend (-65) - GBPAFN is showing signs of a strengthening downtrend. Monitor GBPAFN as it may be building momentum to the downside.

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
89.43344 89.43344 89.43344 89.43344 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPAFN

long term up The long-term trend has been UP since Jan 26th, 2024 at 93.22270

intermediate term down The intermediate-term trend has been DOWN since Jun 3rd, 2024 at 90.48048

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 89.95007

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).

-70
Smart Scan Analysis for GBPAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
89.43344 89.43344 89.43344 89.43344 0.00000
Prev. Close Volume Bid Ask Time
89.43344 2024-06-21 07:26:12
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