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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

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.

FOREX_CADVND
Open High Low CADVND Price Change
17289.634 17364.231 17289.634 17355.503 +65.869
Entry Signal

MarketClub’s Trade Triangles for CADVND

long term down The long-term trend has been DOWN since Dec 16th, 2022 at 17199.673

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2023 at 17403.397

short term up The short-term trend has been UP since Mar 27th, 2023 at 17194.368

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).

-55
Smart Scan Analysis for CADVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17289.634 17364.231 17289.634 17355.503 +65.869
Prev. Close Volume Bid Ask Time
17289.634 2023-03-30 17:00:37
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