Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Viet Nam Dong/Canadian Dollar (FOREX:VNDCAD)

Bear Market Rally (-75) - VNDCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VNDCAD as it may be in the beginning of a reversal.

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.

Open	High	Low	VNDCAD Price	Change
0.00005512	0.00005523	0.00005483	0.00005489	0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDCAD

The long-term trend has been DOWN since Jun 2nd, 2022 at 0.00005422

The intermediate-term trend has been DOWN since Jul 19th, 2022 at 0.00005496

The short-term trend has been UP since Aug 15th, 2022 at 0.00005472

Smart Scan Analysis for VNDCAD

Based on our trend formula, VNDCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.00005512	0.00005523	0.00005483	0.00005489	0.00000000
Prev. Close	Volume	Bid	Ask	Time
0.00005512				2022-08-16 21:12:29

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