Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

British Pound/Honduran Lempira (FOREX:GBPHNL)

Crossroads (+60) - GBPHNL is struggling to move into a solid trend. Beware of choppy markets 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.

Open	High	Low	GBPHNL Price	Change
33.242678	33.388892	33.218622	33.257920	+0.015242
Entry Signal

MarketClub’s Trade Triangles for GBPHNL

The long-term trend has been DOWN since Apr 22nd, 2021 at 32.450527

The intermediate-term trend has been UP since Oct 15th, 2021 at 33.321488

The short-term trend has been UP since Oct 26th, 2021 at 33.346275

Smart Scan Analysis for GBPHNL

Based on our trend formula, GBPHNL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
33.242678	33.388892	33.218622	33.257920	+0.015242
Prev. Close	Volume	Bid	Ask	Time
33.242678				2021-10-26 13:38:17

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