Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Euro/Viet Nam Dong (FOREX:EURVND)
Countertrend Up (+85) - EURVND is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 8th, 2020 at 27487
The short-term trend has been UP since Nov 5th, 2020 at 27132
Smart Scan Analysis for EURVND
Based on our trend formula, EURVND is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).