Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Viet Nam Dong/US Dollar (FOREX:VNDUSD)
Countertrend Up (+85) - VNDUSD 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 VNDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for VNDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VNDUSD
The long-term trend has been UP since Jul 29th, 2021 at 0.00004375
The intermediate-term trend has been UP since Oct 14th, 2021 at 0.00004410
The short-term trend has been DOWN since Oct 20th, 2021 at 0.00004380
Smart Scan Analysis for VNDUSD
Based on our trend formula, VNDUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).