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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Honduran Lempira/Euro (FOREX:HNLEUR)
Crossroads (-60) - HNLEUR 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 HNLEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HNLEUR.
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 HNLEUR
The long-term trend has been UP since Apr 14th, 2024 at 0.03785651
The intermediate-term trend has been DOWN since May 5th, 2024 at 0.03776212
The short-term trend has been DOWN since May 5th, 2024 at 0.03776212
Smart Scan Analysis for HNLEUR
Based on our trend formula, HNLEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03765969 | 0.03765969 | 0.03765969 | 0.03765969 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03765969 | 2024-05-08 07:26:30 |