Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Euro/Viet Nam Dong (FOREX:EURVND)
Countertrend Down (-85) - EURVND is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Sep 21st, 2021 at 26774
The short-term trend has been UP since Oct 14th, 2021 at 26315
Smart Scan Analysis for EURVND
Based on our trend formula, EURVND is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).