Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2024.

Canadian Dollar/Viet Nam Dong (FOREX:CADVND)

Weak Downtrend (-65) - CADVND is showing signs of a strengthening downtrend. Monitor CADVND as it may be building momentum to the downside.

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
18487.659 18487.849 18442.795 18444.481 -43.178
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 Jul 17th, 2024 at 18502.968

short term down The short-term trend has been DOWN since Jul 14th, 2024 at 18633.959

Smart Scan Analysis for CADVND

Based on our trend formula, CADVND is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CADVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18487.659 18487.849 18442.795 18444.481 -43.178
Prev. Close Volume Bid Ask Time
18487.659 2024-07-19 16:19:06
Get a free daily analysis and signals for Canadian Dollar/Viet Nam Dong (CADVND) - Request Your Free Report.