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Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

British Pound/Honduran Lempira (FOREX:GBPHNL)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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_GBPHNL
Open High Low GBPHNL Price Change
29.9460 30.1525 29.8930 30.1220 +0.1760
Entry Signal

MarketClub’s Trade Triangles for GBPHNL

long term up The long term trend has been UP since Apr 18th, 2017 at 30.1145

intermediate term down The intermediate term trend has been DOWN since Aug 14th, 2017 at 30.1535

short term down The short term trend has been DOWN since Aug 4th, 2017 at 30.6315

Smart Scan Analysis for GBPHNL

Based on a pre-defined weighted trend formula for chart analysis, GBPHNL scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for GBPHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.9460 30.1525 29.8930 30.1220 +0.1760
Prev. Close Volume Bid Ask Time
29.9460 30.1210 30.1230 2017-08-17 15:14:23
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