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Forex Trend Analysis Report

Prepared for you on Saturday, March 2, 2024.

Canadian Dollar/Viet Nam Dong (FOREX:CADVND)

Sidelines Mode (-50) - CADVND is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CADVND can gain momentum.

Is it time to buy, sell, or avoid CADVND?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADVND.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADVND
Open High Low CADVND Price Change
18159.922 18182.086 18127.199 18180.142 +20.220
Entry Signal

MarketClub’s Trade Triangles for CADVND

long term up The long-term trend has been UP since Sep 18th, 2023 at 18034.147

intermediate term down The intermediate-term trend has been DOWN since Jan 15th, 2024 at 18187.523

short term down The short-term trend has been DOWN since Feb 27th, 2024 at 18220.767

Smart Scan Analysis for CADVND

Based on our trend formula, CADVND is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for CADVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18159.922 18182.086 18127.199 18180.142 +20.220
Prev. Close Volume Bid Ask Time
18159.922 2024-03-01 15:47:06
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