Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
British Pound/Honduran Lempira (FOREX:GBPHNL)
Weak Uptrend (+65) - GBPHNL is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for GBPHNL
The long-term trend has been UP since Dec 12th, 2019 at 32.758211
The intermediate-term trend has been DOWN since May 12th, 2020 at 30.432281
The short-term trend has been UP since May 26th, 2020 at 30.465934
Smart Scan Analysis for GBPHNL
Based on our trend formula, GBPHNL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).