Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
British Pound/Honduran Lempira (FOREX:GBPHNL)
Sidelines Mode (+55) - GBPHNL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPHNL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPHNL.
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 GBPHNL
The long-term trend has been UP since Mar 8th, 2024 at 31.681980
The intermediate-term trend has been UP since Mar 6th, 2024 at 31.492871
The short-term trend has been DOWN since Mar 20th, 2024 at 31.339850
Smart Scan Analysis for GBPHNL
Based on our trend formula, GBPHNL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
31.178280 | 31.334434 | 31.076390 | 31.275581 | +0.097301 |
Prev. Close | Volume | Bid | Ask | Time |
31.178280 | 2024-03-28 16:00:57 |