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Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

British Pound/Honduran Lempira (FOREX:GBPHNL)

Sidelines Mode (+55) - GBPHNL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
33.53273 33.53273 33.53273 33.53273 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPHNL

long term up The long-term trend has been UP since Dec 12th, 2019 at 32.758211

intermediate term up The intermediate-term trend has been UP since Dec 17th, 2020 at 32.877414

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 33.732468

Smart Scan Analysis for GBPHNL

Based on our trend formula, GBPHNL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.53273 33.53273 33.53273 33.53273 0.00000
Prev. Close Volume Bid Ask Time
33.53273 2021-02-27 16:41:50
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