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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.

FOREX_GBPAFN
Open High Low GBPAFN Price Change
107.26626 107.26626 107.26626 107.26626 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPAFN

long term up The long-term trend has been UP since Jun 10th, 2020 at 99.64507

intermediate term up The intermediate-term trend has been UP since Jan 19th, 2021 at 106.51957

short term down 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).

+55
Smart Scan Analysis for GBPAFN
Strong Downtrend Sideways 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
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