Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Viet Nam Dong/Japanese Yen (FOREX:VNDJPY)
Strong Uptrend (+100) - VNDJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, VNDJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid VNDJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for VNDJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VNDJPY
The long-term trend has been UP since Feb 2nd, 2021 at 0.00455018
The intermediate-term trend has been UP since Jan 19th, 2021 at 0.00449826
The short-term trend has been UP since Feb 25th, 2021 at 0.00459845
Smart Scan Analysis for VNDJPY
Based on our trend formula, VNDJPY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).