Forex Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
British Pound/Honduran Lempira (FOREX:GBPHNL)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for GBPHNL
The long term trend has been UP since Oct 11th, 2019 at 31.2205
The intermediate term trend has been UP since Oct 11th, 2019 at 31.0140
The short term trend has been UP since Oct 11th, 2019 at 30.4325
Smart Scan Analysis for GBPHNL
Based on a pre-defined weighted trend formula for chart analysis, GBPHNL scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).