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Forex Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
Hong Kong Dollar/Viet Nam Dong (FOREX:HKDVND)
Sidelines Mode (+55) - HKDVND 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 HKDVND?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDVND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HKDVND
The long-term trend has been UP since Oct 21st, 2024 at 3259.8465
The intermediate-term trend has been UP since Oct 1st, 2024 at 3168.2744
The short-term trend has been DOWN since Jan 1st, 2025 at 3277.6791
Smart Scan Analysis for HKDVND
Based on our trend formula, HKDVND is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3274.2034 | 3274.7616 | 3272.3073 | 3273.3461 | -0.8573 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3274.2034 | 2025-01-02 14:17:34 |