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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.
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MarketClub’s Trade Triangles for GBPHNL
The long-term trend has been UP since Dec 1st, 2022 at 30.119494
The intermediate-term trend has been UP since Mar 13th, 2023 at 29.958446
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).
| 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 |