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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Honduran Lempira/Euro (FOREX:HNLEUR)

Countertrend Up (+85) - HNLEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.03581656 0.03581656 0.03581656 0.03581656 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HNLEUR

long term up The long-term trend has been UP since Mar 7th, 2021 at 0.03466525

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.03527065

short term up The short-term trend has been UP since Sep 16th, 2021 at 0.03526070

Smart Scan Analysis for HNLEUR

Based on our trend formula, HNLEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for HNLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03581656 0.03581656 0.03581656 0.03581656 0.00000000
Prev. Close Volume Bid Ask Time
0.03581656 2021-10-18 21:09:25
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