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Forex Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

Viet Nam Dong/US Dollar (FOREX:VNDUSD)

Sidelines Mode (+55) - VNDUSD 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 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.

FOREX_VNDUSD
Open High Low VNDUSD Price Change
0.00428973 0.00431510 0.00426564 0.00429312 +0.00000300
Entry Signal

MarketClub’s Trade Triangles for VNDUSD

long term down The long-term trend has been DOWN since Jan 1st, 2020 at 0.00429125

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2020 at 0.00430069

short term down The short-term trend has been DOWN since May 27th, 2020 at 0.00428556

Smart Scan Analysis for VNDUSD

Based on our trend formula, VNDUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for VNDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00428973 0.00431510 0.00426564 0.00429312 +0.00000300
Prev. Close Volume Bid Ask Time
0.00428973 0.00422629 0.00435994 2020-05-27 22:21:40
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