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Forex Trend Analysis Report
Prepared for you on Monday, February 17, 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
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 Dec 30th, 2019 at 77.91696
The intermediate-term trend has been UP since Feb 3rd, 2020 at 77.82091
The short-term trend has been UP since Feb 3rd, 2020 at 76.75000
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 77.15412 | 77.20000 | 77.15412 | 77.20000 | +0.04588 |
| Prev. Close | Volume | Bid | Ask | Time |
| 77.14879 | 77.00000 | 77.40000 | 2020-02-14 09:05:22 |