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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Canadian Dollar/Viet Nam Dong (FOREX:CADVND)

Countertrend Down (-85) - CADVND is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_CADVND
Open High Low CADVND Price Change
16735.819 16735.819 16735.819 16735.819 0.000
Entry Signal

MarketClub’s Trade Triangles for CADVND

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 17416.279

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2020 at 16621.766

short term up The short-term trend has been UP since May 8th, 2020 at 16701.529

Smart Scan Analysis for CADVND

Based on our trend formula, CADVND is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CADVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16735.819 16735.819 16735.819 16735.819 0.000
Prev. Close Volume Bid Ask Time
16636.394 16473.214 16998.424 2020-05-20 07:19:04
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