Forex Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
US Dollar/Viet Nam Dong (FOREX:USDVND)
Strong Uptrend (+100) - USDVND is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDVND continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for USDVND
The long-term trend has been UP since Apr 12th, 2022 at 22900.0
The intermediate-term trend has been UP since Apr 12th, 2022 at 22894.5
The short-term trend has been UP since Jun 22nd, 2022 at 23250.0
Smart Scan Analysis for USDVND
Based on our trend formula, USDVND is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).