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Forex Trend Analysis Report

Prepared for you on Wednesday, November 25, 2020.

Honduran Lempira/Euro (FOREX:HNLEUR)

Bear Market Rally (-75) - HNLEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HNLEUR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid HNLEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for HNLEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HNLEUR
Open High Low HNLEUR Price Change
0.03467727 0.03467727 0.03467727 0.03467727 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HNLEUR

long term down The long-term trend has been DOWN since Jul 9th, 2020 at 0.03572440

intermediate term down The intermediate-term trend has been DOWN since Nov 16th, 2020 at 0.03445260

short term up The short-term trend has been UP since Nov 23rd, 2020 at 0.03441938

Smart Scan Analysis for HNLEUR

Based on our trend formula, HNLEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for HNLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03467727 0.03467727 0.03467727 0.03467727 0.00000000
Prev. Close Volume Bid Ask Time
0.03467727 2020-11-25 07:20:45
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