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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
US Dollar/Honduran Lempira (FOREX:USDHNL)
Countertrend Up (+85) - USDHNL 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 USDHNL?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDHNL.
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 USDHNL
The long-term trend has been UP since Feb 22nd, 2024 at 24.823447
The intermediate-term trend has been UP since Sep 19th, 2024 at 24.875000
The short-term trend has been UP since Dec 2nd, 2024 at 25.225000
Smart Scan Analysis for USDHNL
Based on our trend formula, USDHNL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.431896 | 25.431896 | 25.431896 | 25.431896 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.367142 | 2024-12-23 07:25:13 |