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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Honduran Lempira/British Pound (FOREX:HNLGBP)
Strong Downtrend (-100) - HNLGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HNLGBP continues to fall. Traders should use caution and set stops.
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 Dec 1st, 2022 at 0.03320109
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.03337957
The short-term trend has been DOWN since Mar 20th, 2023 at 0.03322132
Smart Scan Analysis for HNLGBP
Based on our trend formula, HNLGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03310197 | 0.03328810 | 0.03308439 | 0.03319490 | +0.00009300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03310197 | 2023-03-21 15:47:16 |