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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

US Dollar/Viet Nam Dong (FOREX:USDVND)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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
23257.20 23281.45 23257.20 23281.45 +24.25
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 down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 23262.2

short term down The short term trend has been DOWN since Sep 30th, 2018 at 23345.5

Smart Scan Analysis for USDVND

Based on a pre-defined weighted trend formula for chart analysis, USDVND scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for USDVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23257.20 23281.45 23257.20 23281.45 +24.25
Prev. Close Volume Bid Ask Time
23257.2 22934.30 23628.60 2018-10-07 21:06:37
Want to analyze US Dollar/Viet Nam Dong USDVND or another symbol? Try our Free Forex Trend Analysis Report.