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Forex Trend Analysis Report

Prepared for you on Saturday, October 21, 2017.

British Pound/Honduran Lempira (FOREX:GBPHNL)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

Open High Low GBPHNL Price Change
31.1905 31.2015 31.1905 31.2015 +0.0110
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 Oct 5th, 2017 at 30.7780

short term up The short term trend has been UP since Oct 20th, 2017 at 31.1110

Smart Scan Analysis for GBPHNL

Based on a pre-defined weighted trend formula for chart analysis, GBPHNL scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.1905 31.2015 31.1905 31.2015 +0.0110
Prev. Close Volume Bid Ask Time
31.1905 31.1990 31.2040 2017-10-21 19:10:17
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