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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

US Dollar/Honduran Lempira (FOREX:USDHNL)

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

Is it time to buy, sell, or avoid USDHNL?

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

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDHNL
Open High Low USDHNL Price Change
24.094899 24.200000 24.023810 24.023810 -0.071089
Entry Signal

MarketClub’s Trade Triangles for USDHNL

long term up The long-term trend has been UP since Sep 13th, 2021 at 24.150000

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 24.054138

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 24.103592

Smart Scan Analysis for USDHNL

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

-70
Smart Scan Analysis for USDHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.094899 24.200000 24.023810 24.023810 -0.071089
Prev. Close Volume Bid Ask Time
24.094899 2021-10-18 21:09:25
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