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Forex Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
US Dollar/Afghan Afghani (FOREX:USDAFN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for USDAFN
The long term trend has been UP since Apr 7th, 2019 at 76.4565
The intermediate term trend has been DOWN since Jul 11th, 2019 at 80.3405
The short term trend has been UP since Jul 16th, 2019 at 81.0345
Smart Scan Analysis for USDAFN
Based on a pre-defined weighted trend formula for chart analysis, USDAFN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 81.041 | 81.041 | 81.041 | 81.041 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 80.984 | 80.150 | 81.932 | 2019-07-16 09:18:17 |