Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
Hong Kong Dollar/Viet Nam Dong (FOREX:HKDVND)
Strong Downtrend (-100) - HKDVND is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HKDVND continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for HKDVND
The long-term trend has been DOWN since Jan 2nd, 2023 at 3018.4857
The intermediate-term trend has been DOWN since Mar 12th, 2023 at 3010.2045
The short-term trend has been DOWN since Mar 21st, 2023 at 3004.3640
Smart Scan Analysis for HKDVND
Based on our trend formula, HKDVND is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).