Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, June 12, 2024.

Viet Nam Dong/Japanese Yen (FOREX:VNDJPY)

Countertrend Up (+85) - VNDJPY 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 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
0.00618281 0.00618281 0.00615967 0.00616822 -0.00001500
Entry Signal

MarketClub’s Trade Triangles for VNDJPY

long term up The long-term trend has been UP since Apr 15th, 2024 at 0.00616457

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 0.00623857

short term down The short-term trend has been DOWN since Jun 12th, 2024 at 0.00616639

Smart Scan Analysis for VNDJPY

Based on our trend formula, VNDJPY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for VNDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00618281 0.00618281 0.00615967 0.00616822 -0.00001500
Prev. Close Volume Bid Ask Time
0.00618281 2024-06-12 22:37:58
Get a free daily analysis and signals for Viet Nam Dong/Japanese Yen (VNDJPY) - Request Your Free Report.