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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

British Pound/Honduran Lempira (FOREX:GBPHNL)

Strong Uptrend (+100) - GBPHNL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPHNL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid GBPHNL?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPHNL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPHNL
Open High Low GBPHNL Price Change
30.209684 30.225738 30.040766 30.150886 -0.058798
Entry Signal

MarketClub’s Trade Triangles for GBPHNL

long term up The long-term trend has been UP since Dec 1st, 2022 at 30.119494

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 29.958446

short term up The short-term trend has been UP since Mar 20th, 2023 at 30.101156

Smart Scan Analysis for GBPHNL

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

+100
Smart Scan Analysis for GBPHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.209684 30.225738 30.040766 30.150886 -0.058798
Prev. Close Volume Bid Ask Time
30.209684 2023-03-21 22:39:22
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