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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Honduran Lempira/Euro (FOREX:HNLEUR)

Crossroads (-60) - HNLEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.03757759 0.03757759 0.03757759 0.03757759 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HNLEUR

long term down The long-term trend has been DOWN since Nov 28th, 2023 at 0.03702641

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.03736270

short term up The short-term trend has been UP since Mar 20th, 2024 at 0.03718342

Smart Scan Analysis for HNLEUR

Based on our trend formula, HNLEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for HNLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03757759 0.03757759 0.03757759 0.03757759 0.00000000
Prev. Close Volume Bid Ask Time
0.03757759 2024-03-29 03:30:08
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