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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Canadian Dollar/Viet Nam Dong (FOREX:CADVND)

Weak Downtrend (-65) - CADVND is showing signs of a strengthening downtrend. Monitor CADVND as it may be building momentum to the downside.

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
18202.289 18215.299 18183.769 18195.840 -6.449
Entry Signal

MarketClub’s Trade Triangles for CADVND

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 18220.348

intermediate term down The intermediate-term trend has been DOWN since Nov 14th, 2024 at 18072.268

short term up The short-term trend has been UP since Nov 19th, 2024 at 18146.896

Smart Scan Analysis for CADVND

Based on our trend formula, CADVND is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CADVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18202.289 18215.299 18183.769 18195.840 -6.449
Prev. Close Volume Bid Ask Time
18202.289 2024-11-21 06:02:21
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