Forex Trend Analysis Report
Prepared for you on Tuesday, November 29, 2022.
US Dollar/Afghan Afghani (FOREX:USDAFN)
Crossroads (-60) - USDAFN is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for USDAFN
The long-term trend has been DOWN since Sep 23rd, 2022 at 87.71453
The intermediate-term trend has been UP since Nov 4th, 2022 at 88.00000
The short-term trend has been UP since Nov 14th, 2022 at 88.30872
Smart Scan Analysis for USDAFN
Based on our trend formula, USDAFN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).