Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Hong Kong Dollar/Mexican Peso (FOREX:HKDMXN)
Bear Market Rally (-75) - HKDMXN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HKDMXN as it may be in the beginning 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 DOWN since Dec 1st, 2023 at 2.1641986
The intermediate-term trend has been DOWN since Feb 20th, 2024 at 2.1740150
The short-term trend has been UP since Mar 18th, 2024 at 2.1400212
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 |
---|---|---|---|---|
2.1542624 | 2.1565850 | 2.1507777 | 2.1547850 | +0.0005230 |
Prev. Close | Volume | Bid | Ask | Time |
2.1542624 | 2024-03-19 03:02:15 |