Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDVND
The long-term trend has been DOWN since Jan 5th, 2023 at 23485
The intermediate-term trend has been DOWN since Mar 12th, 2023 at 23630
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).
| 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 |