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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

US Dollar/Viet Nam Dong (FOREX:USDVND)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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
23198.5 23198.5 23195.5 23195.5 -3.0
Entry Signal

MarketClub’s Trade Triangles for USDVND

long term down The long term trend has been DOWN since Dec 31st, 2018 at 23138.5

intermediate term down The intermediate term trend has been DOWN since Dec 16th, 2018 at 23254.6

short term down The short term trend has been DOWN since Jan 16th, 2019 at 23195.5

Smart Scan Analysis for USDVND

Based on a pre-defined weighted trend formula for chart analysis, USDVND scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23198.5 23198.5 23195.5 23195.5 -3.0
Prev. Close Volume Bid Ask Time
23198.5 23194.0 23197.0 2019-01-17 18:46:26
Want to analyze US Dollar/Viet Nam Dong USDVND or another symbol? Try our Free Forex Trend Analysis Report.