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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Euro/Honduran Lempira (FOREX:EURHNL)
Bear Market Rally (-75) - EURHNL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURHNL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURHNL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURHNL.
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 EURHNL
The long-term trend has been DOWN since Apr 14th, 2024 at 26.425
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 26.774
The short-term trend has been UP since Apr 22nd, 2024 at 26.283
Smart Scan Analysis for EURHNL
Based on our trend formula, EURHNL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.48 | 26.48 | 26.48 | 26.48 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.48 | 2024-04-25 07:26:32 |