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Forex Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

Canadian Dollar/Viet Nam Dong (FOREX:CADVND)

Countertrend Up (+85) - CADVND is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
19056.356 19056.356 19056.356 19056.356 0.000
Entry Signal

MarketClub’s Trade Triangles for CADVND

long term up The long-term trend has been UP since Jul 29th, 2020 at 17336.155

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2021 at 18449.733

short term up The short-term trend has been UP since Apr 15th, 2021 at 18339.483

Smart Scan Analysis for CADVND

Based on our trend formula, CADVND is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CADVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19056.356 19056.356 19056.356 19056.356 0.000
Prev. Close Volume Bid Ask Time
19056.356 2021-05-11 07:25:17
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