Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Viet Nam Dong/Japanese Yen (FOREX:VNDJPY)

Crossroads (-60) - VNDJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_VNDJPY
Open High Low VNDJPY Price Change
0.00607053 0.00607913 0.00606960 0.00607913 +0.00000900
Entry Signal

MarketClub’s Trade Triangles for VNDJPY

long term up The long-term trend has been UP since Feb 9th, 2023 at 0.00596919

intermediate term down The intermediate-term trend has been DOWN since Nov 28th, 2023 at 0.00609557

short term down The short-term trend has been DOWN since Nov 26th, 2023 at 0.00615055

Smart Scan Analysis for VNDJPY

Based on our trend formula, VNDJPY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for VNDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00607053 0.00607913 0.00606960 0.00607913 +0.00000900
Prev. Close Volume Bid Ask Time
0.00607053 2023-11-29 05:11:28
Get a free daily analysis and signals for Viet Nam Dong/Japanese Yen (VNDJPY) - Request Your Free Report.