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Forex Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

US Dollar/Afghan Afghani (FOREX:USDAFN)

Bull Market Weakness (+75) - USDAFN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDAFN as it may be in the beginning stages of a reversal.

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
89.96775 89.96775 89.96775 89.96775 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDAFN

long term up The long-term trend has been UP since Oct 1st, 2021 at 88.25000

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2021 at 88.25000

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 90.02562

Smart Scan Analysis for USDAFN

Based on our trend formula, USDAFN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
89.96775 89.96775 89.96775 89.96775 0.00000
Prev. Close Volume Bid Ask Time
89.96775 2021-10-14 07:18:42
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