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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Viet Nam Dong/US Dollar (FOREX:VNDUSD)
Countertrend Up (+85) - VNDUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid VNDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for VNDUSD.
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 VNDUSD
The long-term trend has been UP since May 7th, 2024 at 0.00004110
The intermediate-term trend has been UP since May 7th, 2024 at 0.00004001
The short-term trend has been UP since May 7th, 2024 at 0.00003942
Smart Scan Analysis for VNDUSD
Based on our trend formula, VNDUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00003932 | 0.00003932 | 0.00003931 | 0.00003932 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00003932 | 2024-05-09 02:12:34 |