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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Honduran Lempira/Euro (FOREX:HNLEUR)

Bull Market Weakness (+75) - HNLEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HNLEUR as it may be in the beginning stages 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
0.03808583 0.03808583 0.03808583 0.03808583 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HNLEUR

long term up The long-term trend has been UP since Apr 14th, 2024 at 0.03785651

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.03736270

short term up The short-term trend has been UP since Apr 11th, 2024 at 0.03741304

Smart Scan Analysis for HNLEUR

Based on our trend formula, HNLEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for HNLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03808583 0.03808583 0.03808583 0.03808583 0.00000000
Prev. Close Volume Bid Ask Time
0.03808583 2024-04-17 19:38:11
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