Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Mexican Peso/Hong Kong Dollar (FOREX:MXNHKD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_MXNHKD
Open High Low MXNHKD Price Change
0.417875 0.419295 0.415240 0.416915 -0.000960
Entry Signal

MarketClub’s Trade Triangles for MXNHKD

long term up The long term trend has been UP since Aug 6th, 2018 at 0.424220

intermediate term down The intermediate term trend has been DOWN since Aug 12th, 2018 at 0.409565

short term up The short term trend has been UP since Sep 12th, 2018 at 0.409745

Smart Scan Analysis for MXNHKD

Based on a pre-defined weighted trend formula for chart analysis, MXNHKD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for MXNHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.417875 0.419295 0.415240 0.416915 -0.000960
Prev. Close Volume Bid Ask Time
0.417875 0.416820 0.417010 2018-09-20 15:11:12
Want to analyze Mexican Peso/Hong Kong Dollar MXNHKD or another symbol? Try our Free Forex Trend Analysis Report.