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Forex Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

Honduran Lempira/British Pound (FOREX:HNLGBP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_HNLGBP
Open High Low HNLGBP Price Change
0.032010 0.032130 0.031985 0.031985 -0.000025
Entry Signal

MarketClub’s Trade Triangles for HNLGBP

long term down The long term trend has been DOWN since Apr 18th, 2017 at 0.033205

intermediate term down The intermediate term trend has been DOWN since Nov 9th, 2017 at 0.031745

short term down The short term trend has been DOWN since Nov 15th, 2017 at 0.032085

Smart Scan Analysis for HNLGBP

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

-100
Smart Scan Analysis for HNLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.032010 0.032130 0.031985 0.031985 -0.000025
Prev. Close Volume Bid Ask Time
0.032010 0.031980 0.031990 2017-11-17 23:47:43
Want to analyze Honduran Lempira/British Pound HNLGBP or another symbol? Try our Free Forex Trend Analysis Report.