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Forex Trend Analysis Report

Prepared for you on Monday, May 17, 2021.

Honduran Lempira/British Pound (FOREX:HNLGBP)

Weak Downtrend (-65) - HNLGBP is showing signs of a strengthening downtrend. Monitor HNLGBP as it may be building momentum to the downside.

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.

FOREX_HNLGBP
Open High Low HNLGBP Price Change
0.02963786 0.02965480 0.02935534 0.02935950 -0.00027800
Entry Signal

MarketClub’s Trade Triangles for HNLGBP

long term up The long-term trend has been UP since Apr 22nd, 2021 at 0.03081614

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2021 at 0.02960814

short term down The short-term trend has been DOWN since May 10th, 2021 at 0.02959502

Smart Scan Analysis for HNLGBP

Based on our trend formula, HNLGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HNLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02963786 0.02965480 0.02935534 0.02935950 -0.00027800
Prev. Close Volume Bid Ask Time
0.02963786 2021-05-17 12:52:09
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