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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Honduran Lempira/US Dollar (FOREX:HNLUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_HNLUSD
Open High Low HNLUSD Price Change
0.040802 0.040988 0.040786 0.040988 +0.000186
Entry Signal

MarketClub’s Trade Triangles for HNLUSD

long term down The long term trend has been DOWN since Dec 4th, 2018 at 0.040925

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2019 at 0.040769

short term up The short term trend has been UP since Feb 17th, 2019 at 0.040989

Smart Scan Analysis for HNLUSD

Based on a pre-defined weighted trend formula for chart analysis, HNLUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for HNLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.040802 0.040988 0.040786 0.040988 +0.000186
Prev. Close Volume Bid Ask Time
0.040802 0.040248 0.041729 2019-02-20 20:58:35
Want to analyze Honduran Lempira/US Dollar HNLUSD or another symbol? Try our Free Forex Trend Analysis Report.