Forex Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
US Dollar/Afghan Afghani (FOREX:USDAFN)
Bull Market Weakness (+75) - USDAFN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDAFN as it may be in the beginning stages of a reversal.
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 Dec 30th, 2019 at 77.91696
The intermediate-term trend has been UP since Feb 3rd, 2020 at 77.82091
The short-term trend has been UP since Feb 19th, 2020 at 77.85803
Smart Scan Analysis for USDAFN
Based on our trend formula, USDAFN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).