Forex Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
Euro/Honduran Lempira (FOREX:EURHNL)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for EURHNL
The long term trend has been UP since Jan 10th, 2019 at 27.971
The intermediate term trend has been UP since Dec 19th, 2018 at 27.786
The short term trend has been UP since Jan 9th, 2019 at 27.910
Smart Scan Analysis for EURHNL
Based on a pre-defined weighted trend formula for chart analysis, EURHNL scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).