Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Viet Nam Dong/Canadian Dollar (FOREX:VNDCAD)

Bull Market Weakness (+75) - VNDCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on VNDCAD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid VNDCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for VNDCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_VNDCAD
Open High Low VNDCAD Price Change
0.00005396 0.00005401 0.00005392 0.00005393 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDCAD

long term up The long-term trend has been UP since May 7th, 2024 at 0.00005562

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 0.00005509

short term up The short-term trend has been UP since May 7th, 2024 at 0.00005396

Smart Scan Analysis for VNDCAD

Based on our trend formula, VNDCAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for VNDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00005396 0.00005401 0.00005392 0.00005393 0.00000000
Prev. Close Volume Bid Ask Time
0.00005396 2024-05-09 08:20:39
Get a free daily analysis and signals for Viet Nam Dong/Canadian Dollar (VNDCAD) - Request Your Free Report.