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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.
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MarketClub’s Trade Triangles for USDAFN
The long-term trend has been UP since Nov 23rd, 2020 at 77.35271
The intermediate-term trend has been UP since Apr 7th, 2021 at 78.51792
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).
| 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 |