Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Viet Nam Dong/CFA Franc BEAC (FOREX:VNDXAF)
Weak Uptrend (+65) - VNDXAF is showing signs of weakening momentum to the upside. Monitor VNDXAF as it may be in the beginning stages of a reversal.
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 UP since Aug 9th, 2021 at 0.02420327
The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.02447418
The short-term trend has been DOWN since Oct 23rd, 2021 at 0.02480176
Smart Scan Analysis for VNDXAF
Based on our trend formula, VNDXAF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).