Forex Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
Viet Nam Dong/Hong Kong Dollar (FOREX:VNDHKD)
Countertrend Up (+85) - VNDHKD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for VNDHKD
The long-term trend has been UP since Jan 20th, 2022 at 0.00034400
The intermediate-term trend has been UP since Dec 26th, 2021 at 0.00034158
The short-term trend has been DOWN since Jan 24th, 2022 at 0.00034325
Smart Scan Analysis for VNDHKD
Based on our trend formula, VNDHKD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).