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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Hong Kong Dollar/Mexican Peso (FOREX:HKDMXN)

Weak Downtrend (-65) - HKDMXN is showing signs of a strengthening downtrend. Monitor HKDMXN as it may be building momentum to the downside.

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.

FOREX_HKDMXN
Open High Low HKDMXN Price Change
2.8602115 2.8602115 2.8602115 2.8602115 0.0000000
Entry Signal

MarketClub’s Trade Triangles for HKDMXN

long term up The long-term trend has been UP since Feb 28th, 2020 at 2.50695

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 3.03897

short term down The short-term trend has been DOWN since May 18th, 2020 at 3.06513

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
Smart Scan Analysis for HKDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8602115 2.8602115 2.8602115 2.8602115 0.0000000
Prev. Close Volume Bid Ask Time
2.8602115 2.8598889 2.8605340 2020-05-30 20:41:20
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