Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Hong Kong Dollar/Mexican Peso (FOREX:HKDMXN)

Bull Market Weakness (+75) - HKDMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDMXN as it may be in the beginning stages of a reversal.

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.

Open	High	Low	HKDMXN Price	Change
2.6775946	2.6860135	2.6677362	2.6846729	+0.0070780
Entry Signal

MarketClub’s Trade Triangles for HKDMXN

The long-term trend has been DOWN since Sep 9th, 2020 at 2.7693000

The intermediate-term trend has been UP since Jan 26th, 2021 at 2.6124989

The short-term trend has been UP since Feb 25th, 2021 at 2.6860295

Smart Scan Analysis for HKDMXN

Based on our trend formula, HKDMXN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
2.6775946	2.6860135	2.6677362	2.6846729	+0.0070780
Prev. Close	Volume	Bid	Ask	Time
2.6775946				2021-03-01 04:56:06

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