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Forex Trend Analysis Report

Prepared for you on Sunday, March 7, 2021.

Honduran Lempira/Euro (FOREX:HNLEUR)

Countertrend Down (-85) - HNLEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.03449063 0.03449063 0.03449063 0.03449063 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 Feb 23rd, 2021 at 0.03415363

short term up The short-term trend has been UP since Mar 4th, 2021 at 0.03415130

Smart Scan Analysis for HNLEUR

Based on our trend formula, HNLEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for HNLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03449063 0.03449063 0.03449063 0.03449063 0.00000000
Prev. Close Volume Bid Ask Time
0.03449063 2021-03-04 21:09:26
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