Forex Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
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 0.005960
The intermediate term trend has been UP since Apr 29th, 2018 at 0.005660
The short term trend has been UP since May 23rd, 2018 at 0.005655
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).