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Forex Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
Hong Kong Dollar/Viet Nam Dong (FOREX:HKDVND)
Long-Term Downtrend (-90) - HKDVND is in a strong downtrend that is likely to continue. While HKDVND is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for HKDVND
The long-term trend has been DOWN since Jan 20th, 2022 at 2907.0140
The intermediate-term trend has been DOWN since Dec 26th, 2021 at 2927.5769
The short-term trend has been DOWN since Jan 18th, 2022 at 2916.8243
Smart Scan Analysis for HKDVND
Based on our trend formula, HKDVND is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2905.6592 | 2907.9513 | 2905.5846 | 2907.9513 | +2.2921 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2905.6592 | 2022-01-21 14:17:46 |