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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Hong Kong Dollar/Viet Nam Dong (FOREX:HKDVND)

Crossroads (-60) - HKDVND 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 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.

FOREX_HKDVND
Open High Low HKDVND Price Change
3240.7022 3242.7748 3240.2992 3242.6049 +1.9027
Entry Signal

MarketClub’s Trade Triangles for HKDVND

long term up The long-term trend has been UP since Sep 12th, 2023 at 3084.1875

intermediate term down The intermediate-term trend has been DOWN since Jun 2nd, 2024 at 3254.1719

short term down The short-term trend has been DOWN since Jul 25th, 2024 at 3243.5721

Smart Scan Analysis for HKDVND

Based on our trend formula, HKDVND is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for HKDVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3240.7022 3242.7748 3240.2992 3242.6049 +1.9027
Prev. Close Volume Bid Ask Time
3240.7022 2024-07-26 11:22:05
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