Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
US Dollar/Viet Nam Dong (FOREX:USDVND)
Weak Downtrend (-65) - USDVND is showing signs of a strengthening downtrend. Monitor USDVND as it may be building momentum to the downside.
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 DOWN since Nov 25th, 2020 at 23097.173
The intermediate-term trend has been DOWN since Jan 22nd, 2021 at 23060.000
The short-term trend has been DOWN since Feb 24th, 2021 at 23021.405
Smart Scan Analysis for USDVND
Based on our trend formula, USDVND is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).