Forex Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
Viet Nam Dong/CFA Franc BEAC (FOREX:VNDXAF)
Strong Downtrend (-100) - VNDXAF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for VNDXAF
The long-term trend has been DOWN since Jun 5th, 2020 at 0.02516523
The intermediate-term trend has been DOWN since Jul 9th, 2020 at 0.02500027
The short-term trend has been DOWN since Jul 9th, 2020 at 0.02502793
Smart Scan Analysis for VNDXAF
Based on our trend formula, VNDXAF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).