Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HNLEUR
The long-term trend has been DOWN since Jul 15th, 2024 at 0.03718342
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.03739764
The short-term trend has been UP since Jul 21st, 2024 at 0.03705524
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03721664 | 0.03721664 | 0.03721664 | 0.03721664 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03721664 | 2024-07-26 14:00:16 |