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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Euro/Honduran Lempira (FOREX:EURHNL)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_EURHNL
Open High Low EURHNL Price Change
27.263 27.263 27.263 27.263 0.000
Entry Signal

MarketClub’s Trade Triangles for EURHNL

long term down The long term trend has been DOWN since Apr 25th, 2018 at 29.091

intermediate term down The intermediate term trend has been DOWN since Jul 29th, 2018 at 27.843

short term down The short term trend has been DOWN since Aug 2nd, 2018 at 27.965

Smart Scan Analysis for EURHNL

Based on a pre-defined weighted trend formula for chart analysis, EURHNL scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for EURHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.263 27.263 27.263 27.263 0.000
Prev. Close Volume Bid Ask Time
27.263 26.763 27.763 2018-08-19 20:23:09
Want to analyze Euro/Honduran Lempira EURHNL or another symbol? Try our Free Forex Trend Analysis Report.