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Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
British Pound/Afghan Afghani (FOREX:GBPAFN)
Sidelines Mode (+55) - GBPAFN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPAFN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPAFN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPAFN
The long-term trend has been UP since Jun 10th, 2020 at 99.64507
The intermediate-term trend has been UP since Jan 19th, 2021 at 106.51957
The short-term trend has been DOWN since Mar 7th, 2021 at 110.59480
Smart Scan Analysis for GBPAFN
Based on our trend formula, GBPAFN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 107.26626 | 107.26626 | 107.26626 | 107.26626 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 107.26626 | 2021-03-07 21:00:33 |