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.
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 UP since Jan 22nd, 2020 at 0.00567154
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).