Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

British Pound/Honduran Lempira (FOREX:GBPHNL)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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
29.7555 29.7555 29.7555 29.7555 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPHNL

long term down The long term trend has been DOWN since May 13th, 2019 at 31.1590

intermediate term down The intermediate term trend has been DOWN since Jun 17th, 2019 at 30.7230

short term up The short term trend has been UP since Aug 15th, 2019 at 29.7325

Smart Scan Analysis for GBPHNL

Based on a pre-defined weighted trend formula for chart analysis, GBPHNL scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for GBPHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.7555 29.7555 29.7555 29.7555 0.0000
Prev. Close Volume Bid Ask Time
29.7555 29.7530 29.7580 2019-08-18 01:44:41
Want to analyze British Pound/Honduran Lempira GBPHNL or another symbol? Try our Free Forex Trend Analysis Report.