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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.

FOREX_USDAFN
Open High Low USDAFN Price Change
96.22249 96.22249 96.20480 96.20480 -0.01769
Entry Signal

MarketClub’s Trade Triangles for USDAFN

long term up The long-term trend has been UP since Oct 1st, 2021 at 88.25000

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2021 at 88.25000

short term up 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).

+90
Smart Scan Analysis for USDAFN
Strong Downtrend Sideways 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
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