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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 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
71.35134 71.35134 71.33181 71.33181 -0.01953
Entry Signal

MarketClub’s Trade Triangles for USDAFN

long term up The long-term trend has been UP since Feb 1st, 2024 at 74.50000

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2024 at 72.17283

short term down The short-term trend has been DOWN since Mar 19th, 2024 at 71.38304

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
71.35134 71.35134 71.33181 71.33181 -0.01953
Prev. Close Volume Bid Ask Time
71.35134 2024-03-29 03:30:08
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