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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Hong Kong Dollar/Mexican Peso (FOREX:HKDMXN)
Long-Term Uptrend (+90) - HKDMXN is in a strong uptrend that is likely to continue. While HKDMXN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Apr 18th, 2024 at 2.2225839
The intermediate-term trend has been UP since Apr 15th, 2024 at 2.1363450
The short-term trend has been UP since Apr 10th, 2024 at 2.1067250
Smart Scan Analysis for HKDMXN
Based on our trend formula, HKDMXN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.2251950 | 2.2317306 | 2.1813646 | 2.1829928 | -0.0422020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.2251950 | 2024-04-19 17:02:48 |