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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

Hong Kong Dollar/Viet Nam Dong (FOREX:HKDVND)

Bull Market Weakness (+75) - HKDVND is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDVND as it may be in the beginning stages of a reversal.

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

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

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

FOREX_HKDVND
Open High Low HKDVND Price Change
3262.1136 3262.1136 3258.6493 3258.7098 -3.4038
Entry Signal

MarketClub’s Trade Triangles for HKDVND

long term up The long-term trend has been UP since Sep 12th, 2023 at 3084.1875

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2024 at 3149.0792

short term down The short-term trend has been DOWN since May 22nd, 2024 at 3260.0453

Smart Scan Analysis for HKDVND

Based on our trend formula, HKDVND is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HKDVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3262.1136 3262.1136 3258.6493 3258.7098 -3.4038
Prev. Close Volume Bid Ask Time
3262.1136 2024-05-23 02:37:02
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