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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Honduran Lempira/Euro (FOREX:HNLEUR)

Strong Downtrend (-100) - HNLEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HNLEUR continues to fall. Traders should use caution 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
0.03747335 0.03747335 0.03747335 0.03747335 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HNLEUR

long term down The long-term trend has been DOWN since Nov 15th, 2022 at 0.03969817

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2023 at 0.03812651

short term down The short-term trend has been DOWN since Mar 28th, 2023 at 0.03815707

Smart Scan Analysis for HNLEUR

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

-100
Smart Scan Analysis for HNLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03747335 0.03747335 0.03747335 0.03747335 0.00000000
Prev. Close Volume Bid Ask Time
0.03747335 2023-03-28 13:24:48
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