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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Honduran Lempira/US Dollar (FOREX:HNLUSD)

Strong Downtrend (-100) - HNLUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for HNLUSD.

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FOREX_HNLUSD
Open High Low HNLUSD Price Change
0.04024732 0.04024732 0.04020592 0.04020592 -0.00004100
Entry Signal

MarketClub’s Trade Triangles for HNLUSD

long term down The long-term trend has been DOWN since Dec 9th, 2019 at 0.04040668

intermediate term down The intermediate-term trend has been DOWN since Dec 9th, 2019 at 0.04042301

short term down The short-term trend has been DOWN since Jan 30th, 2020 at 0.04024732

Smart Scan Analysis for HNLUSD

Based on our trend formula, HNLUSD is rated as a -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
0.04024732 0.04024732 0.04020592 0.04020592 -0.00004100
Prev. Close Volume Bid Ask Time
0.04024732 0.03976143 0.04065041 2020-02-17 11:55:47
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