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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 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.

FOREX_USDAFN
Open High Low USDAFN Price Change
77.61 77.61 77.61 77.61 0.00
Entry Signal

MarketClub’s Trade Triangles for USDAFN

long term up The long term trend has been UP since Apr 7th, 2019 at 76.4565

intermediate term up The intermediate term trend has been UP since Mar 17th, 2019 at 75.7345

short term down The short term trend has been DOWN since Apr 24th, 2019 at 77.6215

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).

+75
Smart Scan Analysis for USDAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.61 77.61 77.61 77.61 0.00
Prev. Close Volume Bid Ask Time
77.61 77.42 77.80 2019-04-24 12:52:40
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