Forex Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
Viet Nam Dong/Canadian Dollar (FOREX:VNDCAD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for VNDCAD
The long term trend has been UP since Aug 23rd, 2015 at 0.00596
The intermediate term trend has been UP since May 9th, 2016 at 0.00583
The short term trend has been UP since Sep 12th, 2017 at 0.00537
Smart Scan Analysis for VNDCAD
Based on a pre-defined weighted trend formula for chart analysis, VNDCAD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).