Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

Mexican Peso/Hong Kong Dollar (FOREX:MXNHKD)

Bull Market Weakness (+75) - MXNHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNHKD as it may be in the beginning stages of a reversal.

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.

Open	High	Low	MXNHKD Price	Change
0.42593656	0.42828916	0.42512413	0.42805426	+0.00211800
Entry Signal

MarketClub’s Trade Triangles for MXNHKD

The long-term trend has been UP since Nov 1st, 2022 at 0.39733806

The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.42214500

The short-term trend has been UP since Mar 21st, 2023 at 0.42122630

Smart Scan Analysis for MXNHKD

Based on our trend formula, MXNHKD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.42593656	0.42828916	0.42512413	0.42805426	+0.00211800
Prev. Close	Volume	Bid	Ask	Time
0.42593656				2023-03-27 16:59:31

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