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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

US Dollar/Honduran Lempira (FOREX:USDHNL)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
24.025 24.025 24.025 24.025 0.000
Entry Signal

MarketClub’s Trade Triangles for USDHNL

long term up The long term trend has been UP since Oct 26th, 2017 at 23.455

intermediate term up The intermediate term trend has been UP since Jul 26th, 2018 at 24.030

short term down The short term trend has been DOWN since Aug 13th, 2018 at 23.919

Smart Scan Analysis for USDHNL

Based on a pre-defined weighted trend formula for chart analysis, USDHNL scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for USDHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.025 24.025 24.025 24.025 0.000
Prev. Close Volume Bid Ask Time
24.025 23.870 24.180 2018-08-16 17:52:15
Want to analyze US Dollar/Honduran Lempira USDHNL or another symbol? Try our Free Forex Trend Analysis Report.