Forex Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
Viet Nam Dong/Japanese Yen (FOREX:VNDJPY)
Weak Uptrend (+65) - VNDJPY is showing signs of weakening momentum to the upside. Monitor VNDJPY as it may be in the beginning stages of a reversal.
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 9th, 2023 at 0.00596919
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 0.00563556
The short-term trend has been UP since Mar 27th, 2023 at 0.00557121
Smart Scan Analysis for VNDJPY
Based on our trend formula, VNDJPY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).