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.
MarketClub’s Trade Triangles for GBPHNL
The long term trend has been UP since Jan 23rd, 2019 at 31.872
The intermediate term trend has been UP since Feb 25th, 2019 at 32.120
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).