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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Viet Nam Dong/CFA Franc BEAC (FOREX:VNDXAF)
Countertrend Down (-85) - VNDXAF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for VNDXAF
The long-term trend has been DOWN since Oct 27th, 2022 at 0.02712472
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.02385819
The short-term trend has been UP since Jul 21st, 2024 at 0.02371329
Smart Scan Analysis for VNDXAF
Based on our trend formula, VNDXAF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02386774 | 0.02386774 | 0.02386774 | 0.02386774 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02386774 | 2024-07-26 14:00:16 |