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Forex Trend Analysis Report
Prepared for you on Saturday, November 16, 2024.
Euro/Honduran Lempira (FOREX:EURHNL)
Weak Downtrend (-65) - EURHNL is showing signs of a strengthening downtrend. Monitor EURHNL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURHNL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURHNL.
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 EURHNL
The long-term trend has been UP since Jul 15th, 2024 at 26.903
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 27.065
The short-term trend has been DOWN since Oct 2nd, 2024 at 27.590
Smart Scan Analysis for EURHNL
Based on our trend formula, EURHNL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.799 | 26.799 | 26.799 | 26.799 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.712 | 2024-11-12 07:25:08 |