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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Honduran Lempira/British Pound (FOREX:HNLGBP)
Sidelines Mode (+50) - HNLGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until HNLGBP can gain momentum.
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 DOWN since Mar 8th, 2024 at 0.03156368
The intermediate-term trend has been UP since Apr 1st, 2024 at 0.03217877
The short-term trend has been UP since Apr 10th, 2024 at 0.03215973
Smart Scan Analysis for HNLGBP
Based on our trend formula, HNLGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03258426 | 0.03258426 | 0.03258426 | 0.03258426 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03258426 | 2024-04-20 01:08:56 |