Forex Trend Analysis Report
Prepared for you on Tuesday, March 20, 2018.
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.
MarketClub’s Trade Triangles for GBPHNL
The long term trend has been DOWN since Feb 26th, 2018 at 30.7205
The intermediate term trend has been UP since Mar 19th, 2018 at 33.2430
The short term trend has been UP since Mar 5th, 2018 at 32.6475
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).