Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Viet Nam Dong/CFA Franc BEAC (FOREX:VNDXAF)
Bull Market Weakness (+75) - VNDXAF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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 Aug 16th, 2022 at 0.02763204
The short-term trend has been UP since Aug 15th, 2022 at 0.02742754
Smart Scan Analysis for VNDXAF
Based on our trend formula, VNDXAF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).