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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

US Dollar/Honduran Lempira (FOREX:USDHNL)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_USDHNL
Open High Low USDHNL Price Change
24.415 24.415 24.415 24.415 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 24.600

intermediate term up The intermediate term trend has been UP since May 22nd, 2019 at 24.595

short term down The short term trend has been DOWN since May 25th, 2019 at 24.459

Smart Scan Analysis for USDHNL

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

+55
Smart Scan Analysis for USDHNL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.415 24.415 24.415 24.415 0.000
Prev. Close Volume Bid Ask Time
24.415 23.969 24.861 2019-05-25 11:00:38
Want to analyze US Dollar/Honduran Lempira USDHNL or another symbol? Try our Free Forex Trend Analysis Report.