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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

US Dollar/Honduran Lempira (FOREX:USDHNL)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_USDHNL
Open High Low USDHNL Price Change
24.1785 24.1785 24.1785 24.1785 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDHNL

long term up The long term trend has been UP since Oct 26th, 2017 at 23.4550

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 23.9805

short term up The short term trend has been UP since Oct 18th, 2018 at 24.0500

Smart Scan Analysis for USDHNL

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

+65
Smart Scan Analysis for USDHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.1785 24.1785 24.1785 24.1785 0.0000
Prev. Close Volume Bid Ask Time
24.1785 23.7420 24.6150 2018-10-18 21:29:58
Want to analyze US Dollar/Honduran Lempira USDHNL or another symbol? Try our Free Forex Trend Analysis Report.