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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Canadian Dollar/Viet Nam Dong (FOREX:CADVND)

Countertrend Up (+85) - CADVND is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
17859.042 17859.042 17808.101 17808.101 -50.941
Entry Signal

MarketClub’s Trade Triangles for CADVND

long term up The long-term trend has been UP since Jul 29th, 2020 at 17336.155

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2020 at 17660.114

short term up The short-term trend has been UP since Nov 23rd, 2020 at 17738.263

Smart Scan Analysis for CADVND

Based on our trend formula, CADVND is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CADVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17859.042 17859.042 17808.101 17808.101 -50.941
Prev. Close Volume Bid Ask Time
17955.937 2020-12-02 21:03:04
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