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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

US Dollar/Honduran Lempira (FOREX:USDHNL)

Weak Uptrend (+65) - USDHNL is showing signs of weakening momentum to the upside. Monitor USDHNL as it may be in the beginning stages of a reversal.

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.

FOREX_USDHNL
Open High Low USDHNL Price Change
24.626845 24.626845 24.626845 24.626845 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDHNL

long term up The long-term trend has been UP since Feb 22nd, 2024 at 24.823447

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2024 at 24.755000

short term down The short-term trend has been DOWN since Apr 13th, 2024 at 24.693510

Smart Scan Analysis for USDHNL

Based on our trend formula, USDHNL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.626845 24.626845 24.626845 24.626845 0.000000
Prev. Close Volume Bid Ask Time
24.626845 2024-04-13 18:02:07
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