Forex Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
Viet Nam Dong/Euro (FOREX:VNDEUR)
Strong Downtrend (-100) - VNDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for VNDEUR
The long-term trend has been DOWN since Mar 6th, 2020 at 0.00384440
The intermediate-term trend has been DOWN since May 27th, 2020 at 0.00390263
The short-term trend has been DOWN since May 19th, 2020 at 0.00396139
Smart Scan Analysis for VNDEUR
Based on our trend formula, VNDEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).