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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
British Pound/Honduran Lempira (FOREX:GBPHNL)
Sidelines Mode (-50) - GBPHNL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPHNL can gain 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.
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MarketClub’s Trade Triangles for GBPHNL
The long-term trend has been UP since Mar 8th, 2024 at 31.681980
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 31.076390
The short-term trend has been DOWN since Apr 10th, 2024 at 31.094792
Smart Scan Analysis for GBPHNL
Based on our trend formula, GBPHNL is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.599389 | 30.599389 | 30.599389 | 30.599389 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.599389 | 2024-04-23 21:01:42 |