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Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

US Dollar/Viet Nam Dong (FOREX:USDVND)

Sidelines Mode (-55) - USDVND is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
22730 22735 22730 22735 +5
Entry Signal

MarketClub’s Trade Triangles for USDVND

long term down The long-term trend has been DOWN since Nov 25th, 2020 at 23097.173

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2021 at 22645.876

short term up The short-term trend has been UP since Nov 29th, 2021 at 22680.000

Smart Scan Analysis for USDVND

Based on our trend formula, USDVND is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for USDVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22730 22735 22730 22735 +5
Prev. Close Volume Bid Ask Time
22730 2021-12-02 03:48:46
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