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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

US Dollar/Afghan Afghani (FOREX:USDAFN)

Crossroads (+60) - USDAFN 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 USDAFN?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDAFN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDAFN
Open High Low USDAFN Price Change
77.0455 77.0500 76.9500 77.0500 +0.0045
Entry Signal

MarketClub’s Trade Triangles for USDAFN

long term up The long-term trend has been UP since Nov 23rd, 2020 at 77.35271

intermediate term down The intermediate-term trend has been DOWN since Nov 25th, 2020 at 76.82752

short term down The short-term trend has been DOWN since Dec 2nd, 2020 at 76.95146

Smart Scan Analysis for USDAFN

Based on our trend formula, USDAFN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for USDAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.0455 77.0500 76.9500 77.0500 +0.0045
Prev. Close Volume Bid Ask Time
77.0455 2020-12-03 14:12:57
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