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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Hong Kong Dollar/Viet Nam Dong (FOREX:HKDVND)
Long-Term Uptrend (+90) - HKDVND is in a strong uptrend that is likely to continue. While HKDVND is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid HKDVND?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDVND.
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 HKDVND
The long-term trend has been UP since Sep 12th, 2023 at 3084.1875
The intermediate-term trend has been UP since Feb 23rd, 2024 at 3149.0792
The short-term trend has been UP since May 8th, 2024 at 3253.7281
Smart Scan Analysis for HKDVND
Based on our trend formula, HKDVND is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3254.6044 | 3254.9047 | 3254.0348 | 3254.8694 | +0.2650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3254.6044 | 2024-05-09 05:04:15 |