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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Euro/Honduran Lempira (FOREX:EURHNL)

Countertrend Up (+85) - EURHNL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
29.472 29.472 29.472 29.472 0.000
Entry Signal

MarketClub’s Trade Triangles for EURHNL

long term up The long-term trend has been UP since Jun 10th, 2020 at 28.186

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2021 at 29.288

short term up The short-term trend has been UP since Feb 23rd, 2021 at 29.288

Smart Scan Analysis for EURHNL

Based on our trend formula, EURHNL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.472 29.472 29.472 29.472 0.000
Prev. Close Volume Bid Ask Time
29.472 2021-02-25 07:31:39
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