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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Viet Nam Dong/Canadian Dollar (FOREX:VNDCAD)

Sidelines Mode (-55) - VNDCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_VNDCAD
Open High Low VNDCAD Price Change
0.00005439 0.00005443 0.00005422 0.00005435 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDCAD

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.00005497

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2021 at 0.00005522

short term up The short-term trend has been UP since Oct 24th, 2021 at 0.00005442

Smart Scan Analysis for VNDCAD

Based on our trend formula, VNDCAD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for VNDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00005439 0.00005443 0.00005422 0.00005435 0.00000000
Prev. Close Volume Bid Ask Time
0.00005439 2021-10-25 19:27:55
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