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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Viet Nam Dong/Canadian Dollar (FOREX:VNDCAD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_VNDCAD
Open High Low VNDCAD Price Change
0.005532 0.005556 0.005530 0.005545 +0.000013
Entry Signal

MarketClub’s Trade Triangles for VNDCAD

long term down The long term trend has been DOWN since Aug 2nd, 2018 at 0.005566

intermediate term down The intermediate term trend has been DOWN since Sep 19th, 2018 at 0.005535

short term down The short term trend has been DOWN since Sep 12th, 2018 at 0.005614

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).

-90
Smart Scan Analysis for VNDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.005532 0.005556 0.005530 0.005545 +0.000013
Prev. Close Volume Bid Ask Time
0.005532 0.005464 0.005626 2018-09-24 21:02:17
Want to analyze Viet Nam Dong/Canadian Dollar VNDCAD or another symbol? Try our Free Forex Trend Analysis Report.