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Forex Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
Viet Nam Dong/Canadian Dollar (FOREX:VNDCAD)
Crossroads (-60) - VNDCAD 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 VNDCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for VNDCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for VNDCAD
The long-term trend has been UP since Feb 27th, 2020 at 0.00578200
The intermediate-term trend has been DOWN since Jul 15th, 2020 at 0.00582067
The short-term trend has been DOWN since Jul 31st, 2020 at 0.00575477
Smart Scan Analysis for VNDCAD
Based on our trend formula, VNDCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00574687 | 0.00580605 | 0.00573591 | 0.00579902 | +0.00005200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00574687 | 0.00571366 | 0.00588437 | 2020-08-03 19:27:12 |