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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

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

Crossroads (+60) - VNDXAF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.02408861 0.02408861 0.02408861 0.02408861 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 Jun 10th, 2024 at 0.02381920

short term up The short-term trend has been UP since Jun 10th, 2024 at 0.02371843

Smart Scan Analysis for VNDXAF

Based on our trend formula, VNDXAF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for VNDXAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02408861 0.02408861 0.02408861 0.02408861 0.00000000
Prev. Close Volume Bid Ask Time
0.02408861 2024-06-16 21:00:28
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