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Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

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
31.885795 31.885795 31.885795 31.885795 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPHNL

long term up The long-term trend has been UP since Mar 8th, 2024 at 31.681980

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2024 at 31.598781

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 32.133122

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
31.885795 31.885795 31.885795 31.885795 0.000000
Prev. Close Volume Bid Ask Time
31.885795 2024-07-25 07:26:11
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