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Forex Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

Hong Kong Dollar/Mexican Peso (FOREX:HKDMXN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_HKDMXN
Open High Low HKDMXN Price Change
2.43775 2.44693 2.42002 2.42007 -0.01768
Entry Signal

MarketClub’s Trade Triangles for HKDMXN

long term up The long term trend has been UP since Oct 5th, 2017 at 2.356765

intermediate term down The intermediate term trend has been DOWN since Nov 17th, 2017 at 2.424195

short term down The short term trend has been DOWN since Nov 16th, 2017 at 2.441380

Smart Scan Analysis for HKDMXN

Based on a pre-defined weighted trend formula for chart analysis, HKDMXN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for HKDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.43775 2.44693 2.42002 2.42007 -0.01768
Prev. Close Volume Bid Ask Time
2.43775 2.41951 2.42063 2017-11-17 18:16:33
Want to analyze Hong Kong Dollar/Mexican Peso HKDMXN or another symbol? Try our Free Forex Trend Analysis Report.