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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
US Dollar/Viet Nam Dong (FOREX:USDVND)
Long-Term Uptrend (+90) - USDVND is in a strong uptrend that is likely to continue. While USDVND is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for USDVND
The long-term trend has been UP since Jul 2nd, 2023 at 23595
The intermediate-term trend has been UP since Feb 22nd, 2024 at 24605
The short-term trend has been UP since Apr 10th, 2024 at 24985
Smart Scan Analysis for USDVND
Based on our trend formula, USDVND is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25447.5 | 25450.0 | 25435.0 | 25445.0 | -2.5 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25447.5 | 2024-04-19 12:37:02 |