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Forex Trend Analysis Report
Prepared for you on Sunday, January 26, 2025.
Honduran Lempira/British Pound (FOREX:HNLGBP)
Sidelines Mode (+55) - HNLGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HNLGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for HNLGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HNLGBP
The long-term trend has been UP since Jan 3rd, 2025 at 0.03162230
The intermediate-term trend has been UP since Dec 23rd, 2024 at 0.03130956
The short-term trend has been DOWN since Jan 22nd, 2025 at 0.03196828
Smart Scan Analysis for HNLGBP
Based on our trend formula, HNLGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.031641 | 0.031641 | 0.031641 | 0.031641 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.031641 | 2025-01-25 19:40:54 |