Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
Mexican Peso/Hong Kong Dollar (FOREX:MXNHKD)
Weak Downtrend (-65) - MXNHKD is showing signs of a strengthening downtrend. Monitor MXNHKD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MXNHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNHKD.
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 MXNHKD
The long-term trend has been DOWN since Apr 18th, 2024 at 0.44992679
The intermediate-term trend has been DOWN since Oct 16th, 2024 at 0.39198000
The short-term trend has been DOWN since Dec 2nd, 2024 at 0.38016369
Smart Scan Analysis for MXNHKD
Based on our trend formula, MXNHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.38121604 | 0.38301699 | 0.38105000 | 0.38279662 | +0.00158100 |
Prev. Close | Volume | Bid | Ask | Time |
0.38121604 | 2024-12-03 10:24:49 |