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Forex Trend Analysis Report

Prepared for you on Saturday, December 2, 2023.

US Dollar/Viet Nam Dong (FOREX:USDVND)

Weak Uptrend (+65) - USDVND is showing signs of weakening momentum to the upside. Monitor USDVND as it may be in the beginning stages of a reversal.

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
24300.0 24303.0 24300.0 24302.5 +2.5
Entry Signal

MarketClub’s Trade Triangles for USDVND

long term up The long-term trend has been UP since Jul 2nd, 2023 at 23595

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2023 at 24450

short term up The short-term trend has been UP since Nov 29th, 2023 at 24265

Smart Scan Analysis for USDVND

Based on our trend formula, USDVND is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24300.0 24303.0 24300.0 24302.5 +2.5
Prev. Close Volume Bid Ask Time
24300.0 2023-12-01 04:48:02
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