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Forex Trend Analysis Report

Prepared for you on Saturday, August 15, 2020.

Afghan Afghani/US Dollar (FOREX:AFNUSD)

Bear Market Rally (-75) - AFNUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AFNUSD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid AFNUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for AFNUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AFNUSD
Open High Low AFNUSD Price Change
0.01298710 0.01298710 0.01296181 0.01297026 -0.00001700
Entry Signal

MarketClub’s Trade Triangles for AFNUSD

long term down The long-term trend has been DOWN since Jun 5th, 2020 at 0.01301250

intermediate term up The intermediate-term trend has been UP since Jul 9th, 2020 at 0.01297872

short term down The short-term trend has been DOWN since Aug 13th, 2020 at 0.01296603

Smart Scan Analysis for AFNUSD

Based on our trend formula, AFNUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AFNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01298710 0.01298710 0.01296181 0.01297026 -0.00001700
Prev. Close Volume Bid Ask Time
0.01298710 0.01293661 0.01300390 2020-08-13 10:46:05
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