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Forex Trend Analysis Report

Prepared for you on Thursday, April 22, 2021.

US Dollar/Afghan Afghani (FOREX:USDAFN)

Sidelines Mode (+55) - USDAFN 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 USDAFN?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDAFN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDAFN
Open High Low USDAFN Price Change
78.46288 78.46288 77.55000 77.55000 -0.91288
Entry Signal

MarketClub’s Trade Triangles for USDAFN

long term up The long-term trend has been UP since Nov 23rd, 2020 at 77.35271

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2021 at 78.51792

short term down The short-term trend has been DOWN since Apr 18th, 2021 at 77.55000

Smart Scan Analysis for USDAFN

Based on our trend formula, USDAFN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
78.46288 78.46288 77.55000 77.55000 -0.91288
Prev. Close Volume Bid Ask Time
78.46288 2021-04-21 09:32:23
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