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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

US Dollar/Honduran Lempira (FOREX:USDHNL)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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_USDHNL
Open High Low USDHNL Price Change
24.483 24.483 24.483 24.483 0.000
Entry Signal

MarketClub’s Trade Triangles for USDHNL

long term up The long term trend has been UP since May 22nd, 2019 at 24.60

intermediate term up The intermediate term trend has been UP since Jul 18th, 2019 at 24.73

short term up The short term trend has been UP since Aug 9th, 2019 at 24.63

Smart Scan Analysis for USDHNL

Based on a pre-defined weighted trend formula for chart analysis, USDHNL scored +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
24.483 24.483 24.483 24.483 0.000
Prev. Close Volume Bid Ask Time
24.483 24.037 24.929 2019-08-11 20:07:56
Want to analyze US Dollar/Honduran Lempira USDHNL or another symbol? Try our Free Forex Trend Analysis Report.