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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Hong Kong Dollar/Mexican Peso (FOREX:HKDMXN)
Sidelines Mode (-55) - HKDMXN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Feb 18th, 2025 at 2.6033801
The short-term trend has been UP since Feb 21st, 2025 at 2.6327730
Smart Scan Analysis for HKDMXN
Based on our trend formula, HKDMXN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6140750 | 2.6430975 | 2.6114370 | 2.6301118 | +0.0160370 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6277992 | 2025-02-21 17:03:30 |