Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
US Dollar/Afghan Afghani (FOREX:USDAFN)
Weak Uptrend (+65) - USDAFN is showing signs of weakening momentum to the upside. Monitor 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.
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 UP since Feb 24th, 2021 at 78.32981
The short-term trend has been DOWN since Mar 7th, 2021 at 77.50000
Smart Scan Analysis for USDAFN
Based on our trend formula, USDAFN is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).