Arsenal have won just one of their last eight games in all competitions.
The Gunners head into this weekend’s clash at Everton coming off the back of a Champions League and FA Cup exit at the hands of Barcelona and Watford respectively.
With just one win in their last eight games in all competitions, Arsenal are off form and bereft of confidence as they look to haul back 11 points on league leaders Leicester with just nine games remaining.
Many have suggested the title is gone for the North London club, though Henry hasn’t given up hope just yet.
"Arsenal still have a possibility to win the title mathematically. As Wenger has said, you have to hope for the best in this type of situation,” Henry explained.
“If Arsenal don't win at Goodison Park it will make things very difficult. They have a game in hand on Leicester and Spurs, so if they can win at Everton they can apply some pressure.”
"They lost against Swansea at home, which people didn't expect, and now they need points. At the end of the season, only then, can we judge the team.”
With just a gap between themselves and the Foxes, Arsenal arguably need to win at least eight of their remaining nine league games and considering their fixture list, that’s an extremely tough ask.
The North London club have to trips to West Ham United and Manchester City after this weekend’s tough match against Everton, while another game against Watford at the Emirates is on the horizon.
Arsenal took 19 points from their upcoming nine opponents in the reverse fixtures. A similar amount would take the club to just 71 points, only eight more than Leicester current standing of 63 points.