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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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.
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MarketClub’s Trade Triangles for MXNHKD
The long-term trend has been DOWN since Apr 18th, 2024 at 0.44992679
The intermediate-term trend has been UP since Dec 13th, 2024 at 0.38790796
The short-term trend has been UP since Dec 20th, 2024 at 0.38703909
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38502106 | 0.38519000 | 0.38454859 | 0.38513500 | +0.00011400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38502106 | 2024-12-26 06:03:54 |