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.
MarketClub’s Trade Triangles for USDAFN
The long-term trend has been UP since Nov 23rd, 2020 at 77.35271
The intermediate-term trend has been DOWN since Nov 25th, 2020 at 76.82752
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).