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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

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

Long-Term Downtrend (-90) - VNDHKD is in a strong downtrend that is likely to continue. While VNDHKD is showing intraday strength, it remains in the confines of a bearish trend. 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
0.00030782 0.00030798 0.00030782 0.00030798 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDHKD

long term down The long-term trend has been DOWN since Sep 12th, 2023 at 0.00032424

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2024 at 0.00031755

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 0.00031327

Smart Scan Analysis for VNDHKD

Based on our trend formula, VNDHKD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for VNDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00030782 0.00030798 0.00030782 0.00030798 0.00000000
Prev. Close Volume Bid Ask Time
0.00030782 2024-04-23 05:44:38
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