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.
MarketClub’s Trade Triangles for USDHNL
The long term trend has been UP since May 22nd, 2019 at 24.600
The intermediate term trend has been UP since May 22nd, 2019 at 24.595
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).