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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

US Dollar/Viet Nam Dong (FOREX:USDVND)

Strong Downtrend (-100) - USDVND is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDVND continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_USDVND
Open High Low USDVND Price Change
23475.0 23485.5 23475.0 23480.0 +5.0
Entry Signal

MarketClub’s Trade Triangles for USDVND

long term down The long-term trend has been DOWN since Jan 5th, 2023 at 23485

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2023 at 23630

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 23579

Smart Scan Analysis for USDVND

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

-100
Smart Scan Analysis for USDVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23475.0 23485.5 23475.0 23480.0 +5.0
Prev. Close Volume Bid Ask Time
23475.0 2023-03-30 06:19:44
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