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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

US Dollar/Viet Nam Dong (FOREX:USDVND)

Weak Downtrend (-65) - USDVND is showing signs of a strengthening downtrend. Monitor USDVND as it may be building momentum to the downside.

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
23313.5 23313.5 23310.5 23310.5 -3.0
Entry Signal

MarketClub’s Trade Triangles for USDVND

long term up The long-term trend has been UP since Feb 10th, 2020 at 23278.055

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2020 at 23380.648

short term down The short-term trend has been DOWN since May 5th, 2020 at 23431.394

Smart Scan Analysis for USDVND

Based on our trend formula, USDVND is rated as a -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
23313.5 23313.5 23310.5 23310.5 -3.0
Prev. Close Volume Bid Ask Time
23313.5 23309.0 23312.0 2020-05-28 18:00:02
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