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Forex Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

Canadian Dollar/Viet Nam Dong (FOREX:CADVND)

Sidelines Mode (-55) - CADVND is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
17548.883 17548.883 17548.883 17548.883 0.000
Entry Signal

MarketClub’s Trade Triangles for CADVND

long term up The long-term trend has been UP since Dec 31st, 2019 at 17769.071

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 17674.308

short term up The short-term trend has been UP since Feb 13th, 2020 at 17534.222

Smart Scan Analysis for CADVND

Based on our trend formula, CADVND is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CADVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17548.883 17548.883 17548.883 17548.883 0.000
Prev. Close Volume Bid Ask Time
17510.763 17268.851 17828.915 2020-02-19 07:21:16
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