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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Euro/Honduran Lempira (FOREX:EURHNL)
Sidelines Mode (+50) - EURHNL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURHNL can gain momentum.
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 Nov 18th, 2024 at 26.793
The intermediate-term trend has been UP since Feb 16th, 2025 at 26.473
The short-term trend has been UP since Feb 9th, 2025 at 26.406
Smart Scan Analysis for EURHNL
Based on our trend formula, EURHNL is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.687 | 26.687 | 26.687 | 26.687 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.762 | 2025-02-16 21:00:10 |