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.
MarketClub’s Trade Triangles for USDAFN
The long-term trend has been UP since Feb 7th, 2023 at 90.10857
The intermediate-term trend has been DOWN since Feb 27th, 2023 at 88.50000
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).