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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

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.

FOREX_MXNHKD
Open High Low MXNHKD Price Change
0.38891500 0.38927325 0.38339642 0.38723716 -0.00167800
Entry Signal

MarketClub’s Trade Triangles for MXNHKD

long term up The long-term trend has been UP since Feb 16th, 2022 at 0.38469781

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.39251500

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 0.39172325

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).

-70
Smart Scan Analysis for MXNHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38891500 0.38927325 0.38339642 0.38723716 -0.00167800
Prev. Close Volume Bid Ask Time
0.38891500 2022-07-01 17:10:53
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