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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Viet Nam Dong/CFA Franc BEAC (FOREX:VNDXAF)

Countertrend Up (+85) - VNDXAF 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 VNDXAF?

MarketClub looks at technical strength and momentum to determine if the timing is right for VNDXAF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_VNDXAF
Open High Low VNDXAF Price Change
0.0244824 0.0244824 0.0244824 0.0244824 0.0000000
Entry Signal

MarketClub’s Trade Triangles for VNDXAF

long term up The long-term trend has been UP since Oct 10th, 2024 at 0.02404446

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2024 at 0.02406740

short term up The short-term trend has been UP since Nov 7th, 2024 at 0.02403565

Smart Scan Analysis for VNDXAF

Based on our trend formula, VNDXAF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for VNDXAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0244824 0.0244824 0.0244824 0.0244824 0.0000000
Prev. Close Volume Bid Ask Time
0.0244824 2024-11-18 13:11:45
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