Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

US Dollar/Viet Nam Dong (FOREX:USDVND)

Crossroads (-60) - USDVND 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 USDVND?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDVND.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDVND
Open High Low USDVND Price Change
25325 25335 25325 25335 +10
Entry Signal

MarketClub’s Trade Triangles for USDVND

long term up The long-term trend has been UP since May 10th, 2024 at 25460.0

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 25410.0

short term down The short-term trend has been DOWN since Jul 4th, 2024 at 25447.5

Smart Scan Analysis for USDVND

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

-60
Smart Scan Analysis for USDVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25325 25335 25325 25335 +10
Prev. Close Volume Bid Ask Time
25325 2024-07-22 11:22:11
Get a free daily analysis and signals for US Dollar/Viet Nam Dong (USDVND) - Request Your Free Report.