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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Viet Nam Dong/Euro (FOREX:VNDEUR)

Sidelines Mode (+55) - VNDEUR 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 VNDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for VNDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_VNDEUR
Open High Low VNDEUR Price Change
0.00003714 0.00003725 0.00003714 0.00003721 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDEUR

long term down The long-term trend has been DOWN since Aug 21st, 2024 at 0.00003601

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2024 at 0.00003693

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 0.00003721

Smart Scan Analysis for VNDEUR

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

+55
Smart Scan Analysis for VNDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00003714 0.00003725 0.00003714 0.00003721 0.00000000
Prev. Close Volume Bid Ask Time
0.00003714 2024-11-20 03:29:07
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