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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Honduran Lempira/US Dollar (FOREX:HNLUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.040574 0.040574 0.040574 0.040574 0.000000
Entry Signal

MarketClub’s Trade Triangles for HNLUSD

long term down The long term trend has been DOWN since May 22nd, 2019 at 0.040655

intermediate term down The intermediate term trend has been DOWN since Jul 17th, 2019 at 0.040481

short term down The short term trend has been DOWN since Sep 15th, 2019 at 0.040672

Smart Scan Analysis for HNLUSD

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

-100
Smart Scan Analysis for HNLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.040574 0.040574 0.040574 0.040574 0.000000
Prev. Close Volume Bid Ask Time
0.040574 0.039829 0.041319 2019-09-19 20:22:45
Want to analyze Honduran Lempira/US Dollar HNLUSD or another symbol? Try our Free Forex Trend Analysis Report.