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.
MarketClub’s Trade Triangles for AFNUSD
The long-term trend has been DOWN since Jun 5th, 2020 at 0.01301250
The intermediate-term trend has been UP since Jul 9th, 2020 at 0.01297872
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).