Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, December 2, 2024.

Honduran Lempira/US Dollar (FOREX:HNLUSD)

Strong Downtrend (-100) - HNLUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HNLUSD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HNLUSD?

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

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

FOREX_HNLUSD
Open High Low HNLUSD Price Change
0.03954718 0.03954718 0.03954718 0.03954718 0.00000000
Entry Signal

MarketClub’s Trade Triangles for HNLUSD

long term down The long-term trend has been DOWN since Feb 22nd, 2024 at 0.04029827

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2024 at 0.04020300

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 0.03964404

Smart Scan Analysis for HNLUSD

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

-100
Smart Scan Analysis for HNLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03954718 0.03954718 0.03954718 0.03954718 0.00000000
Prev. Close Volume Bid Ask Time
0.03954718 2024-12-02 07:25:13
Get a free daily analysis and signals for Honduran Lempira/US Dollar (HNLUSD) - Request Your Free Report.