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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Viet Nam Dong/CFA Franc BEAC (FOREX:VNDXAF)

Strong Downtrend (-100) - VNDXAF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, VNDXAF continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid VNDXAF?

MarketClub looks at technical strength and momentum to determine if the timing is right for VNDXAF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_VNDXAF
Open High Low VNDXAF Price Change
0.02411429 0.02411429 0.02411429 0.02411429 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDXAF

long term down The long-term trend has been DOWN since Oct 27th, 2022 at 0.02712472

intermediate term down The intermediate-term trend has been DOWN since Apr 24th, 2024 at 0.02418364

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 0.02446323

Smart Scan Analysis for VNDXAF

Based on our trend formula, VNDXAF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for VNDXAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02411429 0.02411429 0.02411429 0.02411429 0.00000000
Prev. Close Volume Bid Ask Time
0.02411429 2024-04-26 07:26:08
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