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Forex Trend Analysis Report

Prepared for you on Thursday, April 22, 2021.

US Dollar/Viet Nam Dong (FOREX:USDVND)

Countertrend Down (-85) - USDVND is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

FOREX_USDVND
Open High Low USDVND Price Change
23070 23072 23070 23072 +2
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 Apr 1st, 2021 at 23032.500

short term up The short-term trend has been UP since Apr 13th, 2021 at 23075.000

Smart Scan Analysis for USDVND

Based on our trend formula, USDVND is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for USDVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23070 23072 23070 23072 +2
Prev. Close Volume Bid Ask Time
23070 2021-04-22 02:48:25
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