Forex Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
Honduran Lempira/British Pound (FOREX:HNLGBP)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for HNLGBP
The long term trend has been UP since Jun 19th, 2018 at 0.031660
The intermediate term trend has been UP since Dec 3rd, 2018 at 0.032575
The short term trend has been UP since Dec 11th, 2018 at 0.032730
Smart Scan Analysis for HNLGBP
Based on a pre-defined weighted trend formula for chart analysis, HNLGBP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).