Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Canadian Dollar/Viet Nam Dong (FOREX:CADVND)
Bear Market Rally (-75) - CADVND is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADVND as it may be in the beginning of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CADVND
The long-term trend has been DOWN since Aug 1st, 2024 at 18220.348
The intermediate-term trend has been DOWN since Nov 14th, 2024 at 18072.268
The short-term trend has been UP since Dec 24th, 2024 at 17756.061
Smart Scan Analysis for CADVND
Based on our trend formula, CADVND is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17709.719 | 17712.061 | 17657.247 | 17685.547 | -24.172 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17709.719 | 2024-12-26 05:47:43 |