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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

US Dollar/Viet Nam Dong (FOREX:USDVND)

Long-Term Downtrend (-90) - USDVND is in a strong downtrend that is likely to continue. While USDVND 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 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
22760.50 22760.50 22692.65 22760.00 -0.50
Entry Signal

MarketClub’s Trade Triangles for USDVND

long term down The long-term trend has been DOWN since Nov 25th, 2020 at 23097.173

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 22754.000

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 22757.500

Smart Scan Analysis for USDVND

Based on our trend formula, USDVND is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for USDVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22760.50 22760.50 22692.65 22760.00 -0.50
Prev. Close Volume Bid Ask Time
22760.50 2021-10-18 23:14:20
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