Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Viet Nam Dong/Euro (FOREX:VNDEUR)
Bull Market Weakness (+75) - VNDEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on VNDEUR as it may be in the beginning stages of a reversal.
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 UP since Jul 23rd, 2021 at 0.00003694
The intermediate-term trend has been UP since Sep 20th, 2021 at 0.00003736
The short-term trend has been DOWN since Oct 14th, 2021 at 0.00003800
Smart Scan Analysis for VNDEUR
Based on our trend formula, VNDEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).