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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

US Dollar/Viet Nam Dong (FOREX:USDVND)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDVND
Open High Low USDVND Price Change
23213 23214 23208 23208 -5
Entry Signal

MarketClub’s Trade Triangles for USDVND

long term up The long term trend has been UP since May 9th, 2019 at 23332.40

intermediate term down The intermediate term trend has been DOWN since Jun 19th, 2019 at 23282.55

short term down The short term trend has been DOWN since Jul 22nd, 2019 at 23215.00

Smart Scan Analysis for USDVND

Based on a pre-defined weighted trend formula for chart analysis, USDVND scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23213 23214 23208 23208 -5
Prev. Close Volume Bid Ask Time
23213 23173 23243 2019-07-23 06:16:05
Want to analyze US Dollar/Viet Nam Dong USDVND or another symbol? Try our Free Forex Trend Analysis Report.