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Forex Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
Honduran Lempira/US Dollar (FOREX:HNLUSD)
Countertrend Up (+85) - HNLUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for HNLUSD
The long-term trend has been UP since Apr 24th, 2023 at 0.04081359
The intermediate-term trend has been UP since Apr 24th, 2023 at 0.04070028
The short-term trend has been DOWN since May 31st, 2023 at 0.04060044
Smart Scan Analysis for HNLUSD
Based on our trend formula, HNLUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04068873 | 0.04068873 | 0.04068873 | 0.04068873 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04068873 | 2023-06-02 07:26:51 |