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Forex Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

Canadian Dollar/Viet Nam Dong (FOREX:CADVND)

Sidelines Mode (+50) - CADVND is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CADVND can gain momentum.

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
18126.578 18151.861 18126.578 18148.820 +22.242
Entry Signal

MarketClub’s Trade Triangles for CADVND

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 18257.609

intermediate term up The intermediate-term trend has been UP since Dec 6th, 2021 at 18087.151

short term up The short-term trend has been UP since Dec 3rd, 2021 at 17834.500

Smart Scan Analysis for CADVND

Based on our trend formula, CADVND is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for CADVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18126.578 18151.861 18126.578 18148.820 +22.242
Prev. Close Volume Bid Ask Time
18126.578 2021-12-08 03:11:41
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