Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/Viet Nam Dong (FOREX:USDVND)
Weak Downtrend (-65) - USDVND is showing signs of a strengthening downtrend. Monitor USDVND as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDVND?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDVND.
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 USDVND
The long-term trend has been DOWN since May 7th, 2024 at 24345.0
The intermediate-term trend has been DOWN since May 7th, 2024 at 24994.5
The short-term trend has been UP since May 8th, 2024 at 25431.0
Smart Scan Analysis for USDVND
Based on our trend formula, USDVND is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
25437.5 | 25442.5 | 25435.0 | 25442.5 | +5.0 |
Prev. Close | Volume | Bid | Ask | Time |
25437.5 | 2024-05-09 05:04:15 |