Forex Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
British Pound/Afghan Afghani (FOREX:GBPAFN)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GBPAFN
The long term trend has been DOWN since Jan 3rd, 2019 at 95.5360
The intermediate term trend has been DOWN since Feb 12th, 2019 at 97.6985
The short term trend has been UP since Feb 18th, 2019 at 97.4530
Smart Scan Analysis for GBPAFN
Based on a pre-defined weighted trend formula for chart analysis, GBPAFN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).