Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Viet Nam Dong/Japanese Yen (FOREX:VNDJPY)
Sidelines Mode (+55) - VNDJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for VNDJPY
The long-term trend has been UP since Apr 15th, 2024 at 0.00616457
The intermediate-term trend has been UP since Apr 10th, 2024 at 0.00611908
The short-term trend has been DOWN since Apr 15th, 2024 at 0.00611533
Smart Scan Analysis for VNDJPY
Based on our trend formula, VNDJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00609364 | 0.00609364 | 0.00607467 | 0.00607501 | -0.00001900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00609364 | 2024-04-17 18:00:01 |