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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Honduran Lempira/US Dollar (FOREX:HNLUSD)
Bull Market Weakness (+75) - HNLUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HNLUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HNLUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HNLUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HNLUSD
The long-term trend has been DOWN since Feb 22nd, 2024 at 0.04029827
The intermediate-term trend has been UP since Apr 23rd, 2024 at 0.04062420
The short-term trend has been UP since Apr 23rd, 2024 at 0.04055359
Smart Scan Analysis for HNLUSD
Based on our trend formula, HNLUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04051256 | 0.04051256 | 0.04047210 | 0.04047210 | -0.00004000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04051256 | 2024-04-25 14:55:01 |