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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.
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MarketClub’s Trade Triangles for VNDUSD
The long-term trend has been DOWN since Jan 1st, 2020 at 0.00429125
The intermediate-term trend has been UP since Apr 30th, 2020 at 0.00430069
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).
| 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 |