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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

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.

FOREX_USDAFN
Open High Low USDAFN Price Change
76.0886 76.1750 76.0886 76.1750 +0.0864
Entry Signal

MarketClub’s Trade Triangles for USDAFN

long term down The long-term trend has been DOWN since Dec 30th, 2019 at 77.91696

intermediate term up The intermediate-term trend has been UP since Mar 25th, 2020 at 76.52903

short term up The short-term trend has been UP since Mar 25th, 2020 at 76.15000

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).

+50
Smart Scan Analysis for USDAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.0886 76.1750 76.0886 76.1750 +0.0864
Prev. Close Volume Bid Ask Time
76.2000 76.0000 76.3500 2020-04-02 09:56:07
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