Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Honduran Lempira/US Dollar (FOREX:HNLUSD)
Weak Downtrend (-65) - HNLUSD is showing signs of a strengthening downtrend. Monitor HNLUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HNLUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HNLUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HNLUSD
The long-term trend has been DOWN since Feb 22nd, 2024 at 0.04029827
The intermediate-term trend has been UP since Apr 23rd, 2024 at 0.04062420
The short-term trend has been DOWN since May 7th, 2024 at 0.04033249
Smart Scan Analysis for HNLUSD
Based on our trend formula, HNLUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04047024 | 0.04047024 | 0.04029297 | 0.04030895 | -0.00016100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04047024 | 2024-05-08 16:25:14 |