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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

British Pound/Honduran Lempira (FOREX:GBPHNL)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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.

FOREX_GBPHNL
Open High Low GBPHNL Price Change
31.0270 31.6210 30.9380 31.5505 +0.5235
Entry Signal

MarketClub’s Trade Triangles for GBPHNL

long term down The long term trend has been DOWN since May 13th, 2019 at 31.159

intermediate term down The intermediate term trend has been DOWN since Jun 17th, 2019 at 30.723

short term down The short term trend has been DOWN since Jun 24th, 2019 at 30.960

Smart Scan Analysis for GBPHNL

Based on a pre-defined weighted trend formula for chart analysis, GBPHNL scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for GBPHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.0270 31.6210 30.9380 31.5505 +0.5235
Prev. Close Volume Bid Ask Time
31.0270 31.5480 31.5530 2019-06-24 18:37:40
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