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Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

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.

FOREX_HKDMXN
Open High Low HKDMXN Price Change
2.7487378 2.7502451 2.7311287 2.7377907 -0.0109470
Entry Signal

MarketClub’s Trade Triangles for HKDMXN

long term up The long-term trend has been UP since Oct 1st, 2021 at 2.6569650

intermediate term up The intermediate-term trend has been UP since Nov 1st, 2021 at 2.6861900

short term down The short-term trend has been DOWN since Nov 30th, 2021 at 2.7712814

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).

+75
Smart Scan Analysis for HKDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7487378 2.7502451 2.7311287 2.7377907 -0.0109470
Prev. Close Volume Bid Ask Time
2.7487378 2021-12-02 06:22:30
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