Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Hong Kong Dollar/Mexican Peso (FOREX:HKDMXN)
Strong Downtrend (-100) - HKDMXN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HKDMXN continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HKDMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDMXN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HKDMXN
The long-term trend has been DOWN since Dec 1st, 2023 at 2.1641986
The intermediate-term trend has been DOWN since Feb 20th, 2024 at 2.1740150
The short-term trend has been DOWN since Mar 20th, 2024 at 2.1331993
Smart Scan Analysis for HKDMXN
Based on our trend formula, HKDMXN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.1232808 | 2.1247933 | 2.1141530 | 2.1171457 | -0.0061350 |
Prev. Close | Volume | Bid | Ask | Time |
2.1232808 | 2024-03-29 10:08:04 |