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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 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 May 10th, 2024 at 25460
The intermediate-term trend has been UP since Oct 2nd, 2024 at 24705
The short-term trend has been UP since Dec 11th, 2024 at 25395
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 |
|---|---|---|---|---|
| 25457.5 | 25457.5 | 25450.0 | 25455.0 | -2.5 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25457.5 | 2024-12-20 17:01:46 |