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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

US Dollar/Afghan Afghani (FOREX:USDAFN)

Weak Downtrend (-65) - USDAFN is showing signs of a strengthening downtrend. Monitor USDAFN as it may be building momentum to the downside.

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
87.00000 87.14807 87.00000 87.14807 +0.14807
Entry Signal

MarketClub’s Trade Triangles for USDAFN

long term up The long-term trend has been UP since Feb 7th, 2023 at 90.10857

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2023 at 88.50000

short term down The short-term trend has been DOWN since Feb 23rd, 2023 at 89.00000

Smart Scan Analysis for USDAFN

Based on our trend formula, USDAFN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
87.00000 87.14807 87.00000 87.14807 +0.14807
Prev. Close Volume Bid Ask Time
86.23904 2023-03-17 13:33:47
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