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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Viet Nam Dong/Canadian Dollar (FOREX:VNDCAD)

Countertrend Up (+85) - VNDCAD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_VNDCAD
Open High Low VNDCAD Price Change
0.00601165 0.00604967 0.00599090 0.00602275 +0.00001100
Entry Signal

MarketClub’s Trade Triangles for VNDCAD

long term up The long-term trend has been UP since Feb 27th, 2020 at 0.00578200

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2020 at 0.00567154

short term up The short-term trend has been UP since Mar 31st, 2020 at 0.00602133

Smart Scan Analysis for VNDCAD

Based on our trend formula, VNDCAD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for VNDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00601165 0.00604967 0.00599090 0.00602275 +0.00001100
Prev. Close Volume Bid Ask Time
0.00601165 0.00592944 0.00611605 2020-04-01 14:15:27
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