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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Euro/Honduran Lempira (FOREX:EURHNL)

Strong Downtrend (-100) - EURHNL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_EURHNL
Open High Low EURHNL Price Change
27.929 27.929 27.929 27.929 0.000
Entry Signal

MarketClub’s Trade Triangles for EURHNL

long term down The long-term trend has been DOWN since Mar 7th, 2021 at 28.856

intermediate term down The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 28.361

short term down The short-term trend has been DOWN since Sep 16th, 2021 at 28.369

Smart Scan Analysis for EURHNL

Based on our trend formula, EURHNL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for EURHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.929 27.929 27.929 27.929 0.000
Prev. Close Volume Bid Ask Time
27.929 2021-10-18 21:09:25
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