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.
MarketClub’s Trade Triangles for USDAFN
The long-term trend has been UP since Oct 1st, 2021 at 88.25000
The intermediate-term trend has been UP since Oct 1st, 2021 at 88.25000
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).