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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.
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MarketClub’s Trade Triangles for HNLEUR
The long-term trend has been DOWN since Nov 15th, 2022 at 0.03969817
The intermediate-term trend has been DOWN since Mar 28th, 2023 at 0.03812651
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).
| 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 |