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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

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

Bear Market Rally (-75) - VNDXAF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VNDXAF as it may be in the beginning 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.

FOREX_VNDXAF
Open High Low VNDXAF Price Change
0.02426594 0.02426594 0.02426594 0.02426594 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDXAF

long term down The long-term trend has been DOWN since Oct 27th, 2022 at 0.02712472

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2024 at 0.02453185

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 0.02446323

Smart Scan Analysis for VNDXAF

Based on our trend formula, VNDXAF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for VNDXAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02426594 0.02426594 0.02426594 0.02426594 0.00000000
Prev. Close Volume Bid Ask Time
0.02426594 2024-04-18 07:26:28
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