Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Honduran Lempira (FOREX:GBPHNL)
Bull Market Weakness (+75) - GBPHNL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPHNL as it may be in the beginning stages of a reversal.
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 UP since Jul 7th, 2024 at 31.598781
The short-term trend has been DOWN since Jul 21st, 2024 at 32.133122
Smart Scan Analysis for GBPHNL
Based on our trend formula, GBPHNL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.858858 | 31.858858 | 31.852817 | 31.852817 | -0.006041 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.858858 | 2024-07-26 14:00:16 |