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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Honduran Lempira/British Pound (FOREX:HNLGBP)
Bear Market Rally (-75) - HNLGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HNLGBP as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for HNLGBP
The long-term trend has been DOWN since Mar 8th, 2024 at 0.03156368
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.03165785
The short-term trend has been UP since Jul 21st, 2024 at 0.03113122
Smart Scan Analysis for HNLGBP
Based on our trend formula, HNLGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for HNLGBP](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
0.03139931 | 0.03140526 | 0.03139931 | 0.03140526 | +0.00000600 |
Prev. Close | Volume | Bid | Ask | Time |
0.03139931 | 2024-07-26 14:00:16 |