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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

British Pound/Afghan Afghani (FOREX:GBPAFN)

Crossroads (-60) - GBPAFN is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_GBPAFN
Open High Low GBPAFN Price Change
90.96966 90.96966 90.96966 90.96966 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPAFN

long term up The long-term trend has been UP since Jan 26th, 2024 at 93.22270

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2024 at 92.58662

short term down The short-term trend has been DOWN since Feb 27th, 2024 at 93.04557

Smart Scan Analysis for GBPAFN

Based on our trend formula, GBPAFN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
90.96966 90.96966 90.96966 90.96966 0.00000
Prev. Close Volume Bid Ask Time
90.96966 2024-03-18 08:26:00
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