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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

British Pound/Honduran Lempira (FOREX:GBPHNL)

Bull Market Weakness (+75) - GBPHNL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPHNL as it may be in the beginning stages of a reversal.

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
30.321134 30.429243 30.175561 30.348437 +0.027303
Entry Signal

MarketClub’s Trade Triangles for GBPHNL

long term up The long-term trend has been UP since Dec 12th, 2019 at 32.758211

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 31.259008

short term up The short-term trend has been UP since Mar 25th, 2020 at 29.416730

Smart Scan Analysis for GBPHNL

Based on our trend formula, GBPHNL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.321134 30.429243 30.175561 30.348437 +0.027303
Prev. Close Volume Bid Ask Time
30.321134 30.346600 30.350273 2020-03-30 07:04:55
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