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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Honduran Lempira/British Pound (FOREX:HNLGBP)

Crossroads (-60) - HNLGBP 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 HNLGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for HNLGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HNLGBP
Open High Low HNLGBP Price Change
0.03142058 0.03142058 0.03142058 0.03142058 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HNLGBP

long term down The long-term trend has been DOWN since Mar 8th, 2024 at 0.03156368

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2024 at 0.03130956

short term up The short-term trend has been UP since Dec 15th, 2024 at 0.03113826

Smart Scan Analysis for HNLGBP

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

-60
Smart Scan Analysis for HNLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03142058 0.03142058 0.03142058 0.03142058 0.00000000
Prev. Close Volume Bid Ask Time
0.03090540 2024-12-23 07:25:13
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