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Forex Trend Analysis Report

Prepared for you on Wednesday, May 25, 2022.

British Pound/Honduran Lempira (FOREX:GBPHNL)

Weak Downtrend (-65) - GBPHNL is showing signs of a strengthening downtrend. Monitor GBPHNL as it may be building momentum to the downside.

Is it time to buy, sell, or avoid GBPHNL?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPHNL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPHNL
Open High Low GBPHNL Price Change
30.764800 30.809953 30.610422 30.627170 -0.137630
Entry Signal

MarketClub’s Trade Triangles for GBPHNL

long term down The long-term trend has been DOWN since Apr 8th, 2022 at 31.706135

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2022 at 32.877670

short term up The short-term trend has been UP since May 16th, 2022 at 30.191299

Smart Scan Analysis for GBPHNL

Based on our trend formula, GBPHNL is rated as a -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
30.764800 30.809953 30.610422 30.627170 -0.137630
Prev. Close Volume Bid Ask Time
30.764800 2022-05-25 13:30:02
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