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Forex Trend Analysis Report

Prepared for you on Tuesday, November 12, 2024.

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
68.34522 68.34522 68.34522 68.34522 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDAFN

long term down The long-term trend has been DOWN since May 17th, 2024 at 70.842400

intermediate term up The intermediate-term trend has been UP since Nov 4th, 2024 at 66.688267

short term up The short-term trend has been UP since Oct 27th, 2024 at 66.599395

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
68.34522 68.34522 68.34522 68.34522 0.00000
Prev. Close Volume Bid Ask Time
67.96800 2024-11-08 23:02:10
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