Forex Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
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.
MarketClub’s Trade Triangles for HNLEUR
The long-term trend has been UP since Mar 4th, 2022 at 0.03678390
The intermediate-term trend has been UP since Apr 4th, 2022 at 0.03700859
The short-term trend has been UP since Apr 4th, 2022 at 0.03694568
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).