Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Euro/Viet Nam Dong (FOREX:EURVND)
Crossroads (-60) - EURVND is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURVND?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURVND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURVND
The long-term trend has been DOWN since Jul 25th, 2021 at 27077
The intermediate-term trend has been UP since Aug 10th, 2022 at 23739
The short-term trend has been UP since Jul 27th, 2022 at 23681
Smart Scan Analysis for EURVND
Based on our trend formula, EURVND is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).