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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

Viet Nam Dong/US Dollar (FOREX:VNDUSD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_VNDUSD
Open High Low VNDUSD Price Change
0.004305 0.004314 0.004291 0.004296 -0.000009
Entry Signal

MarketClub’s Trade Triangles for VNDUSD

long term down The long term trend has been DOWN since Feb 6th, 2018 at 0.004375

intermediate term up The intermediate term trend has been UP since Nov 16th, 2018 at 0.004322

short term up The short term trend has been UP since Dec 13th, 2018 at 0.004313

Smart Scan Analysis for VNDUSD

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

+60
Smart Scan Analysis for VNDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004305 0.004314 0.004291 0.004296 -0.000009
Prev. Close Volume Bid Ask Time
0.004305 0.004231 0.004361 2018-12-13 10:17:51
Want to analyze Viet Nam Dong/US Dollar VNDUSD or another symbol? Try our Free Forex Trend Analysis Report.