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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

British Pound/Afghan Afghani (FOREX:GBPAFN)

Countertrend Up (+85) - GBPAFN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
123.94717 123.94717 123.94717 123.94717 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPAFN

long term up The long-term trend has been UP since Jun 10th, 2020 at 99.64507

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 120.20940

short term up The short-term trend has been UP since Oct 4th, 2021 at 120.54285

Smart Scan Analysis for GBPAFN

Based on our trend formula, GBPAFN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
123.94717 123.94717 123.94717 123.94717 0.00000
Prev. Close Volume Bid Ask Time
123.81748 2021-10-23 18:35:19
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