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Forex Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
US Dollar/Afghan Afghani (FOREX:USDAFN)
Long-Term Uptrend (+90) - USDAFN is in a strong uptrend that is likely to continue. While USDAFN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for USDAFN
The long-term trend has been UP since Oct 1st, 2021 at 88.25000
The intermediate-term trend has been UP since Oct 1st, 2021 at 88.25000
The short-term trend has been UP since Nov 9th, 2021 at 91.06717
Smart Scan Analysis for USDAFN
Based on our trend formula, USDAFN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 96.22249 | 96.22249 | 96.20480 | 96.20480 | -0.01769 |
| Prev. Close | Volume | Bid | Ask | Time |
| 95.85000 | 2021-11-29 09:38:17 |