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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Canadian Dollar/Viet Nam Dong (FOREX:CADVND)

Bull Market Weakness (+75) - CADVND is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADVND as it may be in the beginning stages of a reversal.

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
17857.735 17857.735 17811.396 17838.278 -19.457
Entry Signal

MarketClub’s Trade Triangles for CADVND

long term up The long-term trend has been UP since Sep 18th, 2023 at 18034.147

intermediate term up The intermediate-term trend has been UP since Dec 1st, 2023 at 17972.713

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 17876.174

Smart Scan Analysis for CADVND

Based on our trend formula, CADVND is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CADVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17857.735 17857.735 17811.396 17838.278 -19.457
Prev. Close Volume Bid Ask Time
17857.735 2023-12-08 17:07:11
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