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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Afghan Afghani (FOREX:USDAFN)
Sidelines Mode (+50) - USDAFN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDAFN can gain momentum.
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.
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MarketClub’s Trade Triangles for USDAFN
The long-term trend has been DOWN since May 17th, 2024 at 70.842400
The intermediate-term trend has been UP since Nov 4th, 2024 at 66.688267
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 +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 68.00000 | 68.01887 | 68.00000 | 68.01887 | +0.01887 |
| Prev. Close | Volume | Bid | Ask | Time |
| 68.00000 | 2024-11-19 21:06:21 |