Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, December 27, 2024.
Hong Kong Dollar/Mexican Peso (FOREX:HKDMXN)
Bull Market Weakness (+75) - HKDMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDMXN as it may be in the beginning stages of a reversal.
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 Dec 13th, 2024 at 2.5779325
The short-term trend has been UP since Dec 27th, 2024 at 2.6070248
Smart Scan Analysis for HKDMXN
Based on our trend formula, HKDMXN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6052850 | 2.6311348 | 2.6022667 | 2.6191534 | +0.0138680 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6052850 | 2024-12-27 17:06:39 |