Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Euro/Viet Nam Dong (FOREX:EURVND)
Sidelines Mode (-55) - EURVND 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 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 UP since Mar 6th, 2020 at 26018
The intermediate-term trend has been DOWN since Mar 23rd, 2020 at 25870
The short-term trend has been UP since May 19th, 2020 at 25350
Smart Scan Analysis for EURVND
Based on our trend formula, EURVND is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).