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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
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.
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MarketClub’s Trade Triangles for CADVND
The long-term trend has been DOWN since Aug 1st, 2024 at 18220.348
The intermediate-term trend has been UP since Oct 21st, 2024 at 18325.363
The short-term trend has been DOWN since Oct 25th, 2024 at 18313.566
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18337.466 | 18347.299 | 18255.213 | 18260.009 | -77.457 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18337.466 | 2024-10-25 17:03:37 |