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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

US Dollar/Viet Nam Dong (FOREX:USDVND)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDVND
Open High Low USDVND Price Change
23315.95 23437.60 23315.95 23437.60 +121.65
Entry Signal

MarketClub’s Trade Triangles for USDVND

long term up The long term trend has been UP since Jun 28th, 2018 at 22962.5

intermediate term up The intermediate term trend has been UP since Jul 23rd, 2018 at 23070.4

short term up The short term trend has been UP since Aug 9th, 2018 at 23344.5

Smart Scan Analysis for USDVND

Based on a pre-defined weighted trend formula for chart analysis, USDVND scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for USDVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23315.95 23437.60 23315.95 23437.60 +121.65
Prev. Close Volume Bid Ask Time
23315.95 23085.10 23790.10 2018-08-14 21:13:23
Want to analyze US Dollar/Viet Nam Dong USDVND or another symbol? Try our Free Forex Trend Analysis Report.