UnknownUnicorn719792

Short Modernity, Long Tradition.

Short
CURRENCYCOM:SEKMXN   SEK/MXN
The only reason the time frame is so low is because I simply do not have enough data to work off otherwise, but I'm going to wager that the Swedish Kronor depreciates against the Mexican Peso, being that the Kronor is backed by a pro-immigration millennial gubment amidst a global pandemic while the Peso has both trumpbux repatriation efforts and a government that is actively shutting down borders as stimulus programs.

Should the value of Swedish fiat be more than 1.5x that of the small dollar? I mean peso?

Think of this as an investment in MXN against Sweden, the weakest pair I could figure, not the other way around.
Especially into the warmer months.

Who am I to counter-trade HA trend?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.