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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

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

Long-Term Downtrend (-90) - VNDXAF is in a strong downtrend that is likely to continue. While VNDXAF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.02328979 0.02328979 0.02328979 0.02328979 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDXAF

long term down The long-term trend has been DOWN since Jun 5th, 2020 at 0.02516523

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2021 at 0.02342871

short term down The short-term trend has been DOWN since Feb 24th, 2021 at 0.02343541

Smart Scan Analysis for VNDXAF

Based on our trend formula, VNDXAF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for VNDXAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02328979 0.02328979 0.02328979 0.02328979 0.00000000
Prev. Close Volume Bid Ask Time
0.02368076 2021-02-25 07:31:43
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