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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

British Pound/Honduran Lempira (FOREX:GBPHNL)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPHNL
Open High Low GBPHNL Price Change
32.0280 32.0305 31.9085 31.9320 -0.0960
Entry Signal

MarketClub’s Trade Triangles for GBPHNL

long term up The long term trend has been UP since Jan 23rd, 2019 at 31.8720

intermediate term down The intermediate term trend has been DOWN since Feb 12th, 2019 at 31.3670

short term up The short term trend has been UP since Feb 17th, 2019 at 31.7245

Smart Scan Analysis for GBPHNL

Based on a pre-defined weighted trend formula for chart analysis, GBPHNL scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for GBPHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.0280 32.0305 31.9085 31.9320 -0.0960
Prev. Close Volume Bid Ask Time
32.028 31.9310 31.9330 2019-02-20 08:05:25
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