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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Viet Nam Dong/Hong Kong Dollar (FOREX:VNDHKD)

Strong Downtrend (-100) - VNDHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, VNDHKD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid VNDHKD?

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

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

FOREX_VNDHKD
Open High Low VNDHKD Price Change
0.00030621 0.00030628 0.00030619 0.00030622 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDHKD

long term down The long-term trend has been DOWN since May 8th, 2024 at 0.00030734

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2024 at 0.00031563

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 0.00030629

Smart Scan Analysis for VNDHKD

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

-100
Smart Scan Analysis for VNDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00030621 0.00030628 0.00030619 0.00030622 0.00000000
Prev. Close Volume Bid Ask Time
0.00030621 2024-11-20 03:37:07
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