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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

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
31.5545 31.5990 31.5510 31.5910 +0.0365
Entry Signal

MarketClub’s Trade Triangles for GBPHNL

long term down The long term trend has been DOWN since Jun 19th, 2018 at 31.584

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 31.948

short term down The short term trend has been DOWN since Jul 11th, 2018 at 31.673

Smart Scan Analysis for GBPHNL

Based on a pre-defined weighted trend formula for chart analysis, GBPHNL scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for GBPHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.5545 31.5990 31.5510 31.5910 +0.0365
Prev. Close Volume Bid Ask Time
31.5545 31.5900 31.5920 2018-07-16 04:32:45
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