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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2019.

British Pound/Honduran Lempira (FOREX:GBPHNL)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
32.4670 32.4895 32.3345 32.4060 -0.0610
Entry Signal

MarketClub’s Trade Triangles for GBPHNL

long term up The long term trend has been UP since Jan 23rd, 2019 at 31.872

intermediate term up The intermediate term trend has been UP since Feb 25th, 2019 at 32.120

short term up The short term trend has been UP since Mar 11th, 2019 at 32.369

Smart Scan Analysis for GBPHNL

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

+100
Smart Scan Analysis for GBPHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.4670 32.4895 32.3345 32.4060 -0.0610
Prev. Close Volume Bid Ask Time
32.4670 32.4050 32.4070 2019-03-18 10:00:58
Want to analyze British Pound/Honduran Lempira GBPHNL or another symbol? Try our Free Forex Trend Analysis Report.