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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

US Dollar/Honduran Lempira (FOREX:USDHNL)

Strong Uptrend (+100) - USDHNL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDHNL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
24.93 24.93 24.93 24.93 0.00
Entry Signal

MarketClub’s Trade Triangles for USDHNL

long term up The long-term trend has been UP since Jan 21st, 2020 at 24.895

intermediate term up The intermediate-term trend has been UP since Mar 24th, 2020 at 24.915

short term up The short-term trend has been UP since Mar 24th, 2020 at 24.915

Smart Scan Analysis for USDHNL

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

+100
Smart Scan Analysis for USDHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.93 24.93 24.93 24.93 0.00
Prev. Close Volume Bid Ask Time
24.93 24.59 25.27 2020-04-06 13:11:48
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